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Gas pipeline question
Posted on 12/5/12 at 8:22 am
Posted on 12/5/12 at 8:22 am
Our hunting club now has a pipeline going right through it. My question is, do any of you own property that has a gas line going right through it? Does the company pay well for doing so? Is it a one time payment or a monthly/yearly payment?
LINK
Plans to construct a $220 million pipeline that will transport gasoline and diesel from the Valero St. Charles Refinery in Norco to a pipeline hub 139 miles away in Mississippi are on track to begin this summer, company officials said last week. Kinder Morgan Energy Partners, a Houston pipeline transportation and energy storage company that has about 550 employees in Louisiana, announced last September that it would build and operate the pipeline in a joint venture with Valero Energy Corp.
View full sizeThe proposed pipeline, which is still pending approval from the state Department of Natural Resources, is slated to travel northeast from Norco, crossing Lake Pontchartrain and continuing northward into Walthall County, Miss.
The companies are seeking to build a 16-inch pipeline that will transport the fuel to a pipeline transportation hub in Collins, Miss., which Kinder Morgan operates and owns a majority stake in. From there, refined petroleum products will be transported by pipeline systems that serve major markets in the southern United States.
The pipeline, expected to be in service by 2013, will have an initial capacity of 110,000 barrels per day, with the ability to expand to more than 200,000 barrels per day. The anticipated impact in the Louisiana coastal zone, a 5.3 million-acre area that includes 40 percent of the nation's coastal wetlands, involves the excavation of about 24 acres of wetlands and uplands and 38 acres of water bottoms.
Construction costs for the pipeline are expected to reach $140 million in Louisiana, which could boost local sales tax revenue by about $3.3 million, according to estimates from Kinder Morgan. About $80 million in additional construction costs are slated for Mississippi. Overall, the project is expected to generate 1,200 temporary jobs at its peak.
LINK
Plans to construct a $220 million pipeline that will transport gasoline and diesel from the Valero St. Charles Refinery in Norco to a pipeline hub 139 miles away in Mississippi are on track to begin this summer, company officials said last week. Kinder Morgan Energy Partners, a Houston pipeline transportation and energy storage company that has about 550 employees in Louisiana, announced last September that it would build and operate the pipeline in a joint venture with Valero Energy Corp.
View full sizeThe proposed pipeline, which is still pending approval from the state Department of Natural Resources, is slated to travel northeast from Norco, crossing Lake Pontchartrain and continuing northward into Walthall County, Miss.
The companies are seeking to build a 16-inch pipeline that will transport the fuel to a pipeline transportation hub in Collins, Miss., which Kinder Morgan operates and owns a majority stake in. From there, refined petroleum products will be transported by pipeline systems that serve major markets in the southern United States.
The pipeline, expected to be in service by 2013, will have an initial capacity of 110,000 barrels per day, with the ability to expand to more than 200,000 barrels per day. The anticipated impact in the Louisiana coastal zone, a 5.3 million-acre area that includes 40 percent of the nation's coastal wetlands, involves the excavation of about 24 acres of wetlands and uplands and 38 acres of water bottoms.
Construction costs for the pipeline are expected to reach $140 million in Louisiana, which could boost local sales tax revenue by about $3.3 million, according to estimates from Kinder Morgan. About $80 million in additional construction costs are slated for Mississippi. Overall, the project is expected to generate 1,200 temporary jobs at its peak.
7
Posted on 12/5/12 at 8:31 am to Crawdaddy
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 on 12/5/12 at 8:32 am to LSURoss
That's probably only if you own the mineral rights or some shite like that.
Posted on 12/5/12 at 8:35 am to DownshiftAndFloorIt
quote:
That's probably only if you own the mineral rights or some shite like that.
Very True.
Posted on 12/5/12 at 8:35 am to LSURoss
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 on 12/5/12 at 8:35 am to DownshiftAndFloorIt
who ever owns the land and the mineral rights. A leasee has no right to it.
Posted on 12/5/12 at 8:36 am to Crawdaddy
you will get paid according to the contract.
They are different.
BONUS: You will now have a good shooting lane.
They are different.
BONUS: You will now have a good shooting lane.
Posted on 12/5/12 at 8:39 am to Crawdaddy
you will most likely receive a one time payment based on pipe footage running through your property. assuming it's avg property. i.e. no lakes etc...
ETA: mineral right don't apply here
ETA: mineral right don't apply here
This post was edited on 12/5/12 at 8:40 am
Posted on 12/5/12 at 8:40 am to Geaux Smoke
Plus they normally build some nice roads that can be used later.
Posted on 12/5/12 at 8:42 am to hardhead
quote:
BONUS: You will now have a good shooting lane.
Posted on 12/5/12 at 8:43 am to Geaux Smoke
quote:
mineral right don't apply here
Posted on 12/5/12 at 8:50 am to Crawdaddy
They buy a permanent easement for surface use. It's still your property, but the contract will spell out what you can and cannot do. The agent writing the contract will usually have a little wiggle room to provide incentives to sign such as new gates, a road, etc..
Posted on 12/5/12 at 8:52 am to Geaux Smoke
Well it was a good guess
Posted on 12/5/12 at 9:05 am to Crawdaddy
They usually buy the rideaway before they start. One time payment 
Posted on 12/5/12 at 9:08 am to DownshiftAndFloorIt
quote:
That's probably only if you own the mineral rights or some shite like that
Here in Misisppisppi if you's gots one dem thangs in yo yard den you's gon' get payed. My cousin has one running through his yard and he gets paid every so often, monthly maybe.
Posted on 12/5/12 at 9:11 am to Crawdaddy
quote:
do any of you own property that has a gas line going right through it
Yes, through some of our crop land.
quote:
Does the company pay well for doing so
Typically
quote:
Is it a one time payment or a monthly/yearly payment?
Depends, our family gets a biannual lease payment from them and my cousin gets paid for loss of crop land for the area they can no longer farm.
Posted on 12/5/12 at 9:16 am to Geaux Smoke
quote:
you will most likely receive a one time payment based on pipe footage running through your property. assuming it's avg property. i.e. no lakes etc...
ETA: mineral right don't apply here
Posted on 12/5/12 at 9:17 am to tenfoe
quote:
They buy a permanent easement for surface use. It's still your property, but the contract will spell out what you can and cannot do. The agent writing the contract will usually have a little wiggle room to provide incentives to sign such as new gates, a road, etc..
This. But in Louisiana, it's called a servitude instead of an easement.
Posted on 12/6/12 at 10:23 am to tenfoe
quote:
They buy a permanent easement for surface use. It's still your property, but the contract will spell out what you can and cannot do. The agent writing the contract will usually have a little wiggle room to provide incentives to sign such as new gates, a road, etc..
This -- although, as was mentioned, it's technically labeled as a "servitude."
It's very unlikely that the payment will be anything other than a one time check, with the amount based on fair market value (or devaluation) of the property.
Payment is usually on a "per rod" basis (one rod = 16.5 feet). If the route across your property is 1650 feet, you'll get paid for 100 rods @ some rate (maybe $ 300-400 per rod).
They pay extra for temporary work space, surface sites, access roads, crop loss/damage, etc. Read the contract form carefully, and make the changes you (or your attorney) think are needed before signing.
Posted on 12/6/12 at 10:42 am to DownshiftAndFloorIt
quote:surface rights not mineral rights
That's probably only if you own the mineral rights or some shite like that.
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