I received a survey permission form for the Leach Xpress from Columbia Gas Transmission

Can anyone tell us more about the Leach Xpress Pipeline? I received a survey permission form for this from Columbia Gas Transmission. This is another FERC line. Are the landowners treated fairly with compensation?

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Permalink Reply by Bob Shaw on September 29, 2014 at 3:28am

At $432/foot, I would let them have the whole farm as a bonus to the ROW. (sans Mineral Rights) and get something where there is no oil. Imagine is Jay trying to talk me into $100/ft. when it is worth 4 times that much.<wink>. For that matter, 'time will tell', maybe you want to buy it from me and make a killing. I will sell ROW to you for half price ($216/ft) and you can keep the difference for yourself. Offer is open to you too Jay.

Permalink Reply by time will tell on September 29, 2014 at 10:11am

Bob instead of the <wise a_s comment>  you gave me , go a head and figure it out for your self Einstein .

You come on here looking for advice then you take a jab at the helpers , what a DOOF !

ILG will hook you up .

Permalink Reply by Zack Jameson on September 29, 2014 at 2:05pm

$432 per foot. No way!!!

Permalink Reply by James Vanderink on September 29, 2014 at 1:52am
Permalink Reply by Bob Shaw on September 29, 2014 at 3:47am

Sorry to hear about your farm being turned into industrial property with no potential buyers unless they want to lay out a well pad. I will still have about a mile of state route frontage that will be used for agricultural purposes until something better comes along, like residential lots or shopping malls. Still wondering how you came up with $100/foot, if you have any skin in this game, or just want to rant about what is not fair and count other peoples money.

Permalink Reply by Bob Shaw on September 29, 2014 at 9:17am
I received a signing bonus in March 2012 for about 150% of the value of the surface, as did most of my neighbors who signed at the same time. You seem to be unraveling a bit Jay. Your guesses reflect your deep understanding of the industry. Again, sorry that things are not going well for you.
Permalink Reply by time will tell on September 29, 2014 at 10:22am

Jay , where did this  <DOOF> come from ?

I think he's working for ILG or he has found a home where he is getting the  much 

needed attention he's lacking and I'll bet he is market enhanced to the hilt . 

Fingers crossed .

Permalink Reply by Bob Shaw on September 29, 2014 at 10:16am
Jay, unlike you, I post my first and last name, with a photo so you will recognize me on the street. A clever fellow such as yourself can find out all you want from that. You told me any thing I know about you. I have posted several facts about the offer I received that are relevant to this discussion. You seem to be light on facts and heavy on being a bully. Do you have any thing constructive to contribute or factual related to the Columbia pipeline? I will guess not.
Permalink Reply by Bob Shaw on September 29, 2014 at 10:44am
Spectacular. Wrong at every point, and still nothing relevant.
Permalink Reply by Zack Jameson on September 29, 2014 at 2:56pm

Bob....besides the pipeline itself (one line?), what else is the landowner compensated for? How is timber damage payed?

Permalink Reply by Bob Shaw on September 30, 2014 at 12:32pm

There is a fixed offer for damage to crops and lumber. I would think each situation is unique, in this case the damage offer was about 40% of the easement payment. I don't really know how they came up with that number. The breakdown was about 50% easement, 30% temp construction rental and 20% damages.

Permalink Reply by Kathi Albertson on September 30, 2014 at 3:23pm
For the 26" pipeline replacement just completed crossing 3/5 of a mile on our farm, we had a forester measure and evaluate the trees and were shocked at the value put on the older trees, like well over $10,000 each. The pipeline company complained but paid it as well as the fee for the forester's time. If you don't get that kind of advice you might be leaving money on the table.

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