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re: Gas pipeline question

Posted on 12/5/12 at 8:31 am to
Posted by LSURoss
SWLAish
Member since Dec 2007
15430 posts
Posted on 12/5/12 at 8:31 am to
quote:

Does the company pay well for doing so? Is it a one time payment or a monthly/yearly payment?


I am pretty sure you get paid monthly for pipelines.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 12/5/12 at 8:32 am to
That's probably only if you own the mineral rights or some shite like that.
Posted by Nodust
Member since Aug 2010
22639 posts
Posted on 12/5/12 at 8:35 am to
Got a gas pipeline by my house. Don't think the neighbors get paid monthly for it. It's been there forever so maybe rules have changed.
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 12/6/12 at 4:01 pm to
quote:

I am pretty sure you get paid monthly for pipelines.


Wrong. One time payment. Last one that went thru about 15 years ago paid I think about $2700 per ac. In my parish, I am able to cut those ac's off parish taxes. Oh, I have three passing thru my place. You can farm it or use it for cows, but you can't build anything on it ever.
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