Assignment of Pipeline Easements and Rights of Way

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Multi-State
Control #:
US-OG-328
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Word; 
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Description Louisiana Requirements For Assignment Of Easement

This form is used when the Assignor grants, sells and assigns to Assignee all of Assignor's rights, title, and interests in a Pipeline Easements and Right of Way. When this form is used, Assignor grants, sells and conveys to Assignee all of Assignor's rights, title, and interests in all pipe, pipelines and all pertinent equipment, personal property, and fixtures relating to the Easements but Assignor reserves all interests in all well bores, tubing, and all related equipment utilized in connection with the production of oil and/or gas from the lands which the Easements cross or affect.


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FAQ

Above-ground pipeline markers are used along the permanent right-of-way for easy recognition of the presence of underground pipelines. The markers are typically located in a line of sight manner within the rights-of-way, along streets and at road and railroad crossings.

Give the document a simple title: Grant of Easement is sufficient. Identify the parties. You need to explain who the parties are to the agreement. The person granting the easement to his property is the Grantor and the person gaining access to the property is the Grantee.

An easement is a limited right to use another person's land for a stated purpose. Examples of easements include the use of private roads and paths, or the use of a landowner's property to lay railroad tracks or electrical wires.

Generally speaking, an easement is a more serious property right; it is the legal right to use someone else's land for a particular purpose. Easements are often recorded at the county clerk's office and encumber your property's title.Here, however, you probably do not need to take the step of granting an easement.

If an easement is 50 rods long, that is almost an acre. In a recent case, a pipeline company paid some owners $180 per rod and others $767 per rod for the same project.

How much money should landowners get when an oil or gas pipeline crosses their land? As it stands, landowners receive a one-time payment roughly based on the length of the pipeline, with rates varying from $5 to $50 per foot or more for a Marcellus or Utica shale pipeline right-of-way agreement.

What is a Pipeline Easement? 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.

A right-of-way is a strip of land typically about 50 feet wide (depending on location) containing a pipeline or other utility. Many rights-of-way contain more than one underground pipeline or utility and can be wider depending on the number of infrastructure assets within.

An easement deed allows a party that is not the owner to use a portion of the land. It is a written agreement between two parties that spells out what part of the property is available for access and how it may be used. Since you are granting an easement to your land, you can set any terms and conditions you like.

Pipelines can reduce property values by 5 to 40 percent by making them less attractive to potential buyers, according to local Realtors.

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Assignment of Pipeline Easements and Rights of Way