Replies to This Discussion

Permalink Reply by william pack on February 6, 2013 at 6:07pm

I did a contract with Dominion about seven months ago for a 12" line, only one pipe.  We received $70.00 per foot. They seeded with the seed I requested, placed two gates acrossed both sides of our property, brought all the timber down to a flat location so we could get to it, and much more.

DON'T TAKE THE FIRST OFFER.  GET A LAWYER WHO KNOWS ABOUT MAKING CONTRACTS WITH THESE COMPANYS. You will be glad you did.

Permalink Reply by william pack on May 12, 2013 at 1:00pm

Over a thousand feet or so. @ $70.00 per ft. plus other work I added to the contract.

Permalink Reply by dh on February 11, 2013 at 9:36pm

Thank you guys for the suggestions. I appreciate them.

Permalink Reply by PETE on February 25, 2013 at 6:15pm

35 PER FOOT TIMES EVERY 25FEET IN WIDTH
SO A 50 FOOT WIDE ROW WOULD BE 70 A FOOT TIMES THE LENGHT
75 FEET WIDE WOULD BE 105 A FOOT WHICH IS WHAT THEY HAVE BEEN ASKING FOR
WITH ADDITIONAL MONIES FOR FUTURE LINES---
I SETTLED ON 60 A FOOT FOR A 50 FOOT WIDE BUT THEY ARE TO DO ADDITIONAL WORK
FOR ME

Permalink Reply by Kyle Nuttall on March 20, 2013 at 1:55pm

Former landman, current WV attorney here.  I'd heard a few years ago that the rule of thumb was $1 per foot per inch, so for a 12" pipe you'd ask $12 per foot.  That's gone up now, as demand is increasing.  I like the idea of doubling the price for every 25 feet of RoW width.  

On another thread on this site someone (can't remember who or I would credit them) made an excellent point.  Think of a RoW as a rental -- someone is renting part of your property for the next few decades.  They're also getting the right to use most of the rest of your property in a "reasonable" manner as long as the RoW is in existence.  With that in mind, you really should be looking for a monthly or at least an annual payment for the existence of the RoW.  Some people have suggested asking for wheelage, same as is paid in coal mines.

Just some things to think about.