Columbia Pipeline Group Leach Xpress - Round Two of ROW offers

Columbia has started with the second round of offers for ROW. I have not seen mine yet, but I understand that some have been delivered starting yesterday or today. I am expecting another low ball offer, but have not heard any numbers yet. Has anyone else seen/heard of the latest numbers?

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Permalink Reply by lance on February 15, 2016 at 8:07am

$170,000.00 per acre? That's way higher than what Mark West was gonna pay me. It was for a 30" trunk line 30.00 per foot and for possibly 3 more gathering lines at 20.00 a foot. Which turned out to be a sham to get the original property owner to take their offer after they threatened to go around her via me and a neighbor. My neighbor signed. Then when I ask for a 10% down payment for good faith and they agreed then when I got the contract the down payment wasn't mentioned when I ask where that money was the land man said I agreed to no down payment (lie) and a 5 year agreement. Which would have tied my land up for 5 years with no guarantee and they still haven't started the project and this was 3 years ago. Gotta be careful with these guys. Then to top it all off, when I refused to sign without a down payment they told my neighbor it was all my fault we weren't getting the line.... UGH 

Permalink Reply by Appalachian on February 10, 2016 at 2:57am

Hold out and tell them you want to lease it to them for the life of the pipe.

Permalink Reply by Kyle Nuttall on February 15, 2016 at 11:27am

I'm trying to get language like that into the agreements we're putting together down here in Upshur County, WV for the Atlantic Coast Pipeline.  People don't seem to realize that the easement agreement gives the pipeline company the rights to the easement forever.  

Permalink Reply by Bob Shaw on February 10, 2016 at 4:47pm

RMC, that would be a lower offer than initial.

Permalink Reply by Bob Shaw on February 11, 2016 at 8:59am

My information is that most recent offer equates to $57.00/lf 

Permalink Reply by LEH on February 11, 2016 at 11:29am

My latest offer in Perry County, Ohio figured out to be $40.22 per foot including Damages/Timber/Early Sign On Bonus. Still way, way to low.

Permalink Reply by rmc on February 11, 2016 at 3:19pm
Looks like they are all over the board offering different prices
Permalink Reply by rmc on February 11, 2016 at 3:20pm
That latest offer also included timber and damages etc.
Permalink Reply by rmc on February 11, 2016 at 3:29pm
I didn't work it out to a per foot price I'll do that tomorrow.
Permalink Reply by Bob Shaw on February 12, 2016 at 8:23am

Divide the bottom right hand number by the top left hand number.

Permalink Reply by jerry lee nichols on February 12, 2016 at 9:00am

I am in Monroe county but fortunately not in a projected ROW area. My question though is, even though you can't refuse them access, why not say that you will rent it to them on a monthly basis rather than a one time easement payment?

Permalink Reply by rmc on February 13, 2016 at 5:23am
Mr Nichols when working with a future FERC approved line one is rather limited on what can be negotiated for as they will have imment domain powers once approved.

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