We did pretty good because they came back for more. You have to do your due diligence and find everything that is going on around your property. Find out who’s drilling around you and make contact with the landman. I knew exactly how much I could have received per rod, but that’s why they call it a negotiation and it’s an art. I made it up on the second deal. So pigs get fat and hogs get slaughtered.
So how much did you get per rod?
Can someone briefly explain what all this means? Are y’all talking about companies running pipeline through your owned sections of land, or through your residential land?
Can anyone give me some advice on this matter? An unauthorized road was put on a small portion of land I own with 4 others. It is used to get access to several oil/gas gathering points on property not belonging to any of us, so we do not get royalties.
We are being offered a one-time $40 per ROD and $40 for trespassing. The land will be returned to original condition. No time limits are mentioned.
No date when road was actually created, but surveyed April 2019.
Anyone else have to deal with this sort of situation?
Ms Avery,
It is a gamble, but I recommend that you hire an Oil/Gas Attorney in Texas to make sure your mineral rights are not being produced. The $40 and $40 per rod should be acceptable . . . but check on those mineral rights!!
Thanks for the advice. Mineral rights are not being produced, but this road is a short cut through Rt. 10, near the clover leaf. Property nearby is for sale for $150 per rod. It is very near potential ROW for oil, gas, waste water. Located on interstate road frontage.
I own property Block 55, Section 20 T&P S/2 Tract 20, Abstract 2222. Apache sent me an agreement to sign for them laying pipeline across our property. I sent it to my attorney. He looked it over and changed some of the wording in it, and sent it to Apache. It took a long time before they got back in touch with my attorney. They told him they had changed their minds. The project is at a halt for now. But if it starts again he would contact my attorney. After reading some of the comments on this forum, it doesn’t sound like the project has ended. Has anyone had this happen to you?