Pipeline making some ranchers richer

[Gclyde28]

If you own 7 miles of land to cut through, then 2.2mil isn’t that much money.

New life goal, get to where 2.2 million dollars aint nothing but a little chump change.

[BitBackShot]

I get it. I think I'm just cautious on this type of stuff. It's easy to say "go ahead and eminent domain them" if it benefits me know.

They don't throw eminent domain around like mardigras beads. If the pipeline company has an alternative, they'll just utilize it. But yes, the general rule is that a landowner can't unilaterally wreck a pipeline route if the pipeline is deemed to help the public. I know a couple of landowners that have refused pipelines only to see them run through their neighbor's place and now they get to deal with the noise from the maintenance trucks and get nothing out of it. Looking back, that was a bad idea...

There's still a process for eminent domain to be granted. As a landowner, you can hire a cutthroat lawyer to defend you and those types have teeth too.

[Ironman]

New life goal, get to where 2.2 million dollars aint nothing but a little chump change.

If you can afford 7 miles of land, then yes, 2.2mil is chump change.

[Grayson]

If you can afford 7 miles of land, then yes, 2.2mil is chump change.

A lot of that land is inherited land, and many landowners may own thousands of acres of land but still be relatively cash poor, especially if they don't own any minerals. I don't know that it's necessarily chump change.

[Ironman]

A lot of that land is inherited land, and many landowners may own thousands of acres of land but still be relatively cash poor, especially if they don't own any minerals. I don't know that it's necessarily chump change.

A lot of assumptions there, but if I owned 16,000 acres, cash poor I would not be.

[BitBackShot]

A lot of assumptions there, but if I owned 16,000 acres, cash poor I would not be.

Yep, a whole lot of options open up when you own a $10mm-40mm+ piece of land.

My buddy (with his family) owns land all over the place in and around Fredericksburg. Hundreds of acres on the river, right outside of town, in Willow City, in Grapetown, you name it.

BUT they're not sellers yet. So while they're certainly not cash poor, they're very normal people sitting on tens of millions of dollars in land.

[Grayson]

A lot of assumptions there, but if I owned 16,000 acres, cash poor I would not be.

Personal knowledge, not assumptions. All of those landowners are not in the same boat at all.

[eastxhunter]

A lot of assumptions there, but if I owned 16,000 acres, cash poor I would not be.

You’d be surprised

[CHJ]

What size line it is?

$60/ft is our baseline.

last time I negotiated the intial offer was $30/ft. Took 3 revisions, and several months to get it to $57.

32"

[Texans42]

If you can afford 7 miles of land, then yes, 2.2mil is chump change.

Location is relevant but I’ll sell you 7 miles today for 2.2 million!!!!!!!! 3.5x what it cost.

I will finally get to retire,

[J_Riley]

Get ready more is coming... had a meeting on a ROW today next to my line for blasting rock for the trenchers where they are laying a new line. Guess what another company is surveying for another line next to the new one.

Yeah some of the land owners gripe. And a lot of them run the weed washes, road crews, and blasting company.

And for our small town has double in population for pipeline worker here which helps local businesses.

I guess since I work in the industry I’d rather see nice ROW than more 18wheel traffic hauling loads to the coast. And as a land owner both of the new pipelines missed me by a few miles on each side dang the luck.





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[txwhitetail]

Yes, money money money. To hell with the land, and environment. Pay no attention to the 1000s of gallons of diesel, oil, etc..that will be spilled across the land in the process. Let's just make that money, so we can play.

Goodness...found the guy that didn't get the pipeline job back in 1997.

[BrokenJ]

I'm for drilling and creating jobs and such, just wish they would do something more than flare off all this natural gas. That's the wasteful side in my opinion.

[Texans42]

Yes, money money money. To hell with the land, and environment. Pay no attention to the 1000s of gallons of diesel, oil, etc..that will be spilled across the land in the process. Let's just make that money, so we can play.

Every time you eat a vegetable, wheat, bean, or corn product, smile for me, because I’m sure you have already forgotten this statement....

Technically a pipeline is better for the land then row crops ....

[TexasTK]

Anyone know what going rate is these days for a 8-10" line per foot ?