Pipeline Project Timelines

[Gclyde28]

Fairly recent. It depends somewhat on land values. Different areas bring different prices.

This is another question I have. I know the ballpark market value price per acre and actual per rod rate of the last pipeline we had run on another property. The market value price per acre of the property of this proposed pipeline is easily 8-10x what the other land value was. I figure the market value price per acre rate factors in some but does anyone know to what extent the land value factors into the easement rate? Does is closely correlate to land value or only have a more minor impact?

[Greenheadless]

Lots of new stuff to learn and think about in this thread. Good info. Really surprised how short the timeline is for easement agreement to construction start. I guess with eminent domain on your side, that alleviates the risk of gaining access. Figured that would have been prior to FEL1, but looks more like it is secured during construction phase

[Gclyde12]

Curious how much the value of the land impacts the cost per rod?

[dbaio1]

Curious how much the value of the land impacts the cost per rod?

It absolutely impacts it. All of our agreements recoverd total loss of value of land at prime market value plus.

[Gclyde12]

It absolutely impacts it. All of our agreements recoverd total loss of value of land at prime market value plus.

More so curious how much? We had a pipeline ran earlier this year on another tract. This new pipeline would be on a piece of land that is upwards 10x the land value per acre of the previous pipeline, should we expect the price per rod to directly reflect that?

[dbaio1]

More so curious how much? We had a pipeline ran earlier this year on another tract. This new pipeline would be on a piece of land that is upwards 10x the land value per acre of the previous pipeline, should we expect the price per rod to directly reflect that?

To be totally honest that price per rod is not something we even spent a minute on. We looked at total acreage lost and used top market value with future market value potential calculated in. Then we looked at loss of revenue on that acerage and calculated that out several lifetime generations forward.