Cook County, located in the state of Illinois, has a specific set of right-of-way and easement agreements in place for oil and gas pipeline development. These agreements play a crucial role in facilitating the construction, maintenance, and operation of oil and gas pipelines within the county. The Cook Illinois Right of Way and Easement Agreement (Oil and Gas Pipeline) is a legally binding contract between the pipeline company and the county authorities. It outlines the terms and conditions under which the company is granted the right to use a designated piece of land for the installation and operation of an oil or gas pipeline. These agreements are categorized into two main types: permanent and temporary right-of-way and easement agreements. 1. Permanent Right of Way and Easement Agreement: This type of agreement grants the pipeline company a long-term use of the land for the pipeline project. Such agreements are typically executed for an extended period, often lasting for decades. They allow the pipeline company to construct the pipeline, install related infrastructure, and carry out regular maintenance. 2. Temporary Right of Way and Easement Agreement: This agreement is employed when the pipeline company requires access to a specific piece of land for a temporary period. It could be for activities such as pipeline maintenance, repair, or upgrading projects. Temporary agreements allow the pipeline company temporary access to the land while ensuring that the landowner's rights and interests are protected. The Cook Illinois Right of Way and Easement Agreement (Oil and Gas Pipeline) incorporates various key components, including but not limited to: 1. Project Description: This section provides a detailed overview of the pipeline project, including its location, length, purpose, and the type of oil or gas that will be transported. 2. Terms and Conditions: The agreement clearly defines the terms and conditions of land usage, payment obligations, indemnification clauses, insurance requirements, and dispute resolution mechanisms. It also outlines the rights and responsibilities of both parties involved. 3. Landowner Compensation: This section addresses the compensation provided to the landowner for granting the right-of-way and easement. Compensation may include upfront payments, ongoing annual or periodic rental fees, or other agreed-upon arrangements. 4. Environmental Considerations: The agreement addresses obligations related to environmental protection, including compliance with relevant regulations, environmental impact assessments, mitigation measures, and land restoration requirements. 5. Safety and Liability: This section outlines safety protocols and standards that the pipeline company must adhere to in order to ensure the safety of the land, surrounding communities, and the environment. It also addresses liability provisions in case of any damages or accidents related to the pipeline. The Cook Illinois Right of Way and Easement Agreement (Oil and Gas Pipeline) is a vital legal instrument that safeguards the interests of both the pipeline company and the landowners. These agreements provide certainty and a structured framework for oil and gas infrastructure development while taking into account environmental concerns and the protection of landowner rights.
Cook Illinois Right of Way and Easement Agreement (Oil and Gas Pipeline)
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It owns interests in 18,370 miles (29,560 km) of pipelines, storage capacity for about 75 million barrels of crude oil, 28 million barrels of NGLs, and 68 billion cubic feet of natural gas, and 5 natural gas processing plants....Plains All American Pipeline. TypePublic companyWebsitewww.plainsallamerican.comFootnotes / references11 more rows
The companies that own most of the of oil pipelines by length include: Transneft, Russia 42,383km (26,335 miles) 15 percent. Enbridge, Canada 33,750km (20,971 miles) 12 percent. PipeChina, China 15,947km (9,909 miles) 5 percent.
Keystone Pipeline Keystone Pipeline System (partly operational and proposed)CountryCanada United StatesGeneral informationTypeCrude oilOwnerTC Energy3 more rows
Natural gas pipelines don't just raise concerns about the environment and private property rights they could also affect owners' wallets. Pipelines can reduce property values by 5 to 40 percent by making them less attractive to potential buyers, according to local Realtors.
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.
The pipeline company typically pays the landowner in price per foot or per acre for farm land of the property that the pipeline passes. The price is based on the length of the easement. Some companies offer prices based on linear rod, not linear foot.
Owned by North American company TC Energy, the Keystone XL Pipeline is the fourth phase of the Keystone Pipeline System, an existing 2,687-mile pipeline whose Canadian portion runs from Hardisty, Alberta, east into Manitoba where it turns south and crosses the border into North Dakota, according to the company's