Guess this is ok to post here?
Our Hunting Camp was approached by an Oil & Gas company to lease a ROW thru our property to run a Water Line and use our River frontage to pump water out of the River about 3 miles up to the gas wells they are drilling.
When they need to Frack a well the flexible, 12 inch diameter Water Line would be "rolled out" over our 1,011 linear feet. After the well is fracked the water line would be "rolled back up." Total time for the water line to be used is 4-6 weeks per well fracked.
They would also have a "Transfer Pump" located at the Rivers edge on our property.
There's more details but my question is has anyone ever leased a Water Line ROW to an Oil& Gas company?
Yes, we do have a lawyer but can you negotiate with these boys for a better price than the initial offer? The offer is $7,500 initial signing bonus plus $10 a linear foot for the first roll out. After that it's $5 a linear foot every time they roll out the water line. After the initial 5 year lease expires it would automatically renew with an extended signing bonus of $5,000.
Other than the usual noise and access issues are there any drawbacks that might occur?
Just trying to make sure we have all our bases covered. All suggestions are welcome!
The solid blue line is where the Water Line would enter our property, that's our camp in the middle of the pic.
And this is where the Transfer Pump would be located.