# Kinder morgan offer
**URL:** https://www.mineralrightsforum.com/t/kinder-morgan-offer/12397
**Category:** Oil & Gas Field Operations
**Created:** [November 13, 2013, 11:37pm UTC](https://www.mineralrightsforum.com/t/kinder-morgan-offer/12397 "2013-11-13T23:37:47Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@Jim\_Faulkner](https://www.mineralrightsforum.com/u/Jim_Faulkner)
#### Post date: [November 13, 2013, 11:37pm UTC](https://www.mineralrightsforum.com/t/kinder-morgan-offer/12397/1 "2013-11-13T23:37:47Z")
I need to know what price per foot is the going rate for pipelines today??? Your input will be greatly appreciated.
Several years ago I practically gave away an easement. Don't want to repeat.
Thanks, Jim
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### Author:  [@Gail\_H](https://www.mineralrightsforum.com/u/Gail_H)
#### Post date: [November 14, 2013, 2:55am UTC](https://www.mineralrightsforum.com/t/kinder-morgan-offer/12397/2 "2013-11-14T02:55:11Z")
Jim, we are in Westhoff and received $35 per foot. Be sure to have as much of that as possible classified in the "damages" category as opposed to lease payment as the taxes are less for damages. We also negotiated down from 3 year access to 2 years, hoping they get in and out. We didn't want it to drag on forever.
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### Author:  [@Jim\_Faulkner](https://www.mineralrightsforum.com/u/Jim_Faulkner)
#### Post date: [November 14, 2013, 3:49pm UTC](https://www.mineralrightsforum.com/t/kinder-morgan-offer/12397/3 "2013-11-14T15:49:30Z")
Thanks Jennifer.
What was the name of the pipeline company? Kinder Morgan is doing the pipeline I'm speaking of.
Would you advise using an attorney?
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### Author:  [@Gail\_H](https://www.mineralrightsforum.com/u/Gail_H)
#### Post date: [November 14, 2013, 4:57pm UTC](https://www.mineralrightsforum.com/t/kinder-morgan-offer/12397/4 "2013-11-14T16:57:49Z")
Ours was negotiated through Eagle Hawk Field Services. Also, we don't sign anything unless it goes through our attorney.
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### Author:  [@Buddy\_Cotten](https://www.mineralrightsforum.com/u/Buddy_Cotten)
#### Post date: [November 16, 2013, 7:29am UTC](https://www.mineralrightsforum.com/t/kinder-morgan-offer/12397/5 "2013-11-16T07:29:27Z")
Dear Jim,
I initially evaluate pipeline rates by using $2.00 - $2.75 per inch of nominal diameter per foot.
For example, a 20 inch line would compute a minimum of 40.00 per foot, or $660.00 per rod. Then I go from there. First, you must ask in order to receive.
I try to get the most that I can classified as pre-paid damages. That does not eliminate tax, but does defer the tax by lowering your cost basis in the property.
Best
Buddy Cotten
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### Author:  [@Jack\_hodges](https://www.mineralrightsforum.com/u/Jack_hodges)
#### Post date: [November 20, 2013, 1:16am UTC](https://www.mineralrightsforum.com/t/kinder-morgan-offer/12397/6 "2013-11-20T01:16:02Z")
Mr. Buddy,
Sorry i forgot to say thanks for your excellent information/advice.
jhh
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### Author:  [@Jim\_Faulkner](https://www.mineralrightsforum.com/u/Jim_Faulkner)
#### Post date: [November 20, 2013, 1:38am UTC](https://www.mineralrightsforum.com/t/kinder-morgan-offer/12397/7 "2013-11-20T01:38:53Z")
Thanks Buddy, your information is important and much appreciated. What role do you believe an attorney has in negotiating a price ??
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 1:08am UTC](https://www.mineralrightsforum.com/t/kinder-morgan-offer/12397/8 "2018-08-15T01:08:45Z")