We currently have a gas well (#1) on our property with an access road and right of way for pipeline to that well that we have a contract. However, they have put an additional gas well (#2) on the property adjacent to us and then proceeded to place 30 rods of pipe through our property, way off from the #1 easment (at least 50 ft!). For some reason, this line is being fed to what appears to be OUR gas well (#1) instead of just being piped to the main line along the easement? We found out from the guy leasing our land for his cows!
After contacting our company rep./landman, he said that yes the ball was dropped and he would rectify the situation. Well, over a month later he calls and offers us $1000! Yes, you read correctly- One Thousand Dollars. After explaining that we had investigated local prices per rod at ~$300-$500 rod, he said the most his company paid is $100 rod which would still only be $3000.
We also explained that the property value is more than his allowable. We're not in the middle of nowhere! We sold the adjacent property for $8000/acre a year ago.
These prices don't even include the fact that they were trespassing (?) and put the pipeline there without contacting us!
Any advice and comments welcome. We are in Smith County- Noonday, Tx.
Sincerest Thanks,
Holly