Great news! Energy Transfer announced yesterday a 5.6 Billion dollar project to run a natural gas pipeline from Reeves county to Arizona.
ONEOKS approved 365 million dollar natural gas plant in Reeves County.
As a surface land owner iam excited. Is that excitement premature? What do you all think about these new developments???
Until things actually happen, I would temper any enthusiasm.
But taking Permian Gas to western markets is a very positive move.
And new gas plant always welcome - but there needs to be the take away capacity for the processed gas.
There was talk about new gas line to Mexico - I wonder how that is going?
I wonder how the
Yes sir. Thanks for the feedback. Infinium is doing that effort to Mexico. I read it is a facility in Pecos that will handle that effort.2027 is the projected completion date
Does it say where or what block it will start at? Did they show a map? Thank you
Unfortunately they did not. But if you are a landowner surface there is 6 billion worth of projects that are coming down the pike. Don’t be surprised if you get some lease offers or offers to buy your land. Mine is near FM 2119.
I really wouldn’t know, where that is. But my surface land is in the E 1/2 of NE 1/4 OF THE NE 1/4 of section 14, block 7 Thank you for the updates and information.
Iam in block 45 section 37 and sec 35. Iam right near FM 2119. I think we all as landowners in this area have a reason to be excited. I definitely am. There are projects that be going out up to 2030 at the least. I definitely will post if I find out any new info. In and around Pecos to Culberson county
Thank you, i am Reeves county, so if you hear anything about Reeves county, i would love to know. Thanks
I have surface acres in Block 58, Section 24, which is really not very far from you, Keith. I recently received a notice from the PUC that Oncor Electric has applied to build a new transmission line in Culberson/Reeves. I don’t know yet if my property will be on their desired route but it is another indication of projects going on in the area.
My surface is in Block 1 right off the I-10. We’ve gotten paid for pipelines and electric transmission lines, etc. in the past, so I got my fingers crossed! Glad there’s a place where we all can share intel.
Hello David! Thank you for sharing your experience. If you don’t mind me asking Did u lease your land to them or did you sell it to them outright?
We always did easements/rights of way. I don’t think we characterized any of them as leases, and we don’t sell anything. We work with a lawyer who guides us on all that stuff and usually ends up preparing the documents.
That sounds like a good deal. As you saw on my initial post there are multiple projects that have been funded and are about to commence in our area. Then Joy_Roberts contributed to the discussion with her good news. I think that it’s good if anyone one in our area hears any updates to please share.