I'm in PA, and I wanted an addendum added to my pipeline lease that states, "If the pipeline is considered abandoned, the pipeline must be removed." The pipeline land man said that they can't do this because they follow Federal Regulations, which say that the pipeline remains in place. Does anybody know about this regulation?
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An article about who owns abandoned pipeline:
http://www.pipelineandgasjournal.com/who-owns-abandoned-pipelines
There are companies that buy abandoned pipeline:
Philip; excellent article, thanks for posting it. Reading this, one can see how complicated a ROW agreement will be. Hopefully, anyone approached about one will get a competent attorney to negotiate on their behalf.
Thanks Philip for the article. After reading this, I would definitely want an abandonment clause in the ROW agreement.
I believe this is false, no such regulation.
Ask the person to produce a copy.
Mark, I agree.
IF A LANDMAN OPENS HIS MOUTH HE IS USUALLY LYING .........ALL HE IS AFTER IS A SIGNED CONTRACT SO HE CAN GET PAYED ....EVERY FOOT HE GATHERSW HE GETS PAYED .....THE CHEAPER THE COMPANY GETS IT THE MORE THE LANDMAN GETS .........USED CAR SALESMAN
We have it in our agreement that the company must remove lines after they are abandoned , they fought us on that one but finally agreed to it.
Fifty years from now they may come back and install a new pipeline using the existing ROW.
http://www.greatfallstribune.com/article/20140106/NEWS01/301060023/...
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