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We own recreational property in eastern Monroe (Lee Twp) and have been getting contacted by mail and phone (just been letting that go into VM) over the past year, at least, by parties interested in leasing or purchasing mineral rights. Looking to find out what is a good offer, and the pros/cons of deciding to lease.
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Pipeline easements, what's a current offer?

Posted on February 25, 2014 at 2:29pm 0 Comments

Does anyone have current information on how drillers/pipeline companies are compensating landowners, as in amount per foot or rod, and whether it's ongoing or a one time payment? I'll soon be looking over a lease offer that's being drafted now and I'm looking for something to compare to. If it's a one time payment (and I've read some $ amounts like $15 linear foot, but the posting was old) but the pipeline owner has an indefinite easement and access that portion of your property, that…


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