Hello. My brother and I own two tracts of land in Reeves, one that has a producing well on it with Anadarko (API 389 35222) and another smaller one in the same block that is in the same pool but doesn't have a well on it (yet). We have been contacted by a company that wants to build a pipeline across the smaller one (NE/4 lot 8 of 10/610 1/2 H&GN) and so wants easement rights.
The pipe will be a 30" pipe, which seems quite large.
Anyone know the going rate for that? Approximately? below is the layout of the pipe they will propose, the yellow bit is the temporary easement. This is a 10 acre tract so a sizeable amount of land will be taken up by this. (Red Bluff Express Pipelines) . (And no we aren't selling the land or the mineral rights, not ever!)
Any approximates are appreciated. I expect we will lawyer up but I am lucky o have some very experienced landmen in the family as well.