The New Mexico Pipeline Easement and Accommodation Agreement (For Gas Pipelines on Land in Which Granter Reserves Coal Rights) is a legally binding document that governs the rights and obligations of parties involved in the construction and operation of gas pipelines on land where the granter retains the coal rights. This agreement is specifically designed to address the unique considerations and potential conflicts that may arise when dealing with overlapping land rights. Key elements of the New Mexico Pipeline Easement and Accommodation Agreement include: 1. Grant of Easement: This section outlines the granter's permission for the pipeline company to enter, construct, operate, inspect, repair, and maintain the gas pipelines on the specified land. The scope and limitations of the easement are defined, including the right to install necessary equipment and make reasonable modifications. 2. Surface Activities: The agreement addresses the impact of the pipeline construction and ongoing operations on the granter's surface rights. It specifies the steps the pipeline company will take to minimize disturbance to land, crops, trees, and structures. The agreement may also include provisions for temporary access roads, work areas, and proper restoration after construction. 3. Surface Compensation: This part highlights the compensation arrangements between the granter and the pipeline company for surface rights. It may include one-time payments for granting the easement, ongoing annual payments, and provisions for cost adjustments over time. The compensation amount is typically based on fair market value and negotiation between the parties. 4. Coal Rights Protection: Given that the granter retains the coal rights, this agreement typically includes provisions safeguarding their interests. It may specify how the pipeline operations should avoid interference with future coal mining activities, guidelines for preserving access to coal resources, and requirements for consultation and coordination between the parties to prevent conflicts. 5. Environmental and Safety Considerations: The agreement embraces environmental protection by including provisions for compliance with applicable laws, regulations, and best practices. It may address measures and responsibilities related to soil erosion, spill containment, waste management, noise control, and safety protocols to ensure a safe operating environment for both parties and the surrounding communities. It is important to note that the specific details and names of the New Mexico Pipeline Easement and Accommodation Agreement may vary depending on the entities involved or other unique circumstances. Other possible variations or subtypes could include agreements with different granter entities, alternative compensation structures, or agreements for specific pipeline project phases (e.g., construction, operation, maintenance).
New Mexico Pipeline Easement and Accommodation Agreement (For Gas Pipelines on Land in Which Grantor Reserves Coal Rights)
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FAQ
The chances of a pipeline leak or explosion on your property is relatively small, but the consequences can be huge.
The chances of a pipeline leak or explosion on your property is relatively small, but the consequences can be huge. Knowing what to do, and what not to do, could save your life. Pipeline Info for Landowners pstrust.org ? pipelines-for-landowners pstrust.org ? pipelines-for-landowners
Most normal agricultural activities are permitted on the pipeline right-of-way, but some activities still require written consent to ensure the safety of everyone involved, either due to the depth of the activity, or the weight of the equipment involved.
To put this in numbers, it could be as little as 50% of the easement land value, or up to 30% or more of the whole property value. The more intrusive the easement on the land (ex. - runs diagonal across the whole property vs. just down the fence line), the more impact it will have.
There is no impact on demand for properties located along natural gas pipeline easements nor is development in areas with natural gas pipelines hindered. Natural gas pipelines do not affect the property value of any particular type of residence any more or less than another type of residence. Pipeline Impact to Property Value and Property Insurability - INGAA ingaa.org ? pipeline-impact-to-property-value-and... ingaa.org ? pipeline-impact-to-property-value-and...
The most common rule of thumb for a rough estimation of pipeline capital cost is the cost per ?inch-mile.? It's a pretty simple concept: The longer and fatter the pipe is, the more it's going to cost, so the length in miles is multiplied by the diameter in inches, to produce ?inch-miles? to multiply by that unit cost. Building Crude Oil Pipelines: How to Make Preliminary Cost Estimates rbnenergy.com ? hey-crude-building-crude-oil-pi... rbnenergy.com ? hey-crude-building-crude-oil-pi...
Generally, an easement is a legal interest that allows someone the right to use another's property for a certain purpose. A pipeline easement specifically gives the easement holder the right to build and maintain a pipeline on a landowner's property.