Ohio Pipelines - Laying and Burying

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Multi-State
Control #:
US-OG-812
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Word; 
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Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the standard lease form.

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FAQ

The companies that own most of the gas pipelines by length include: Gazprom, Russia ? 103,212km (64,133 miles) ? 11.2 percent. TC Energy, Canada ? 99,440km (61,789 miles) ? 10.8 percent. Kinder Morgan, US ? 82,075km (50,999 miles) ? 9 percent.

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.

How pipeline companies make money. Pipeline companies typically get the bulk of their revenue from three sources: fixed-fee contracts, regulated tariffs, and margin-based activities.

Pipelines are generally laid underground because temperature is less variable. Because pipelines are usually metal, this helps to reduce the expansion and shrinkage that can occur with weather changes. However, in some cases it is necessary to cross a valley or a river on a pipeline bridge.

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.

There is no measurable impact on the sales price of properties located along or in proximity to a natural gas pipeline versus properties which are not located along or in proximity to the same pipeline. Neither the size nor the age of a natural gas pipeline affects a property's sale price.

Natural gas pipelines do not affect the property value of any particular type of residence any more or less than another type of residence.

In the United States, a gas line should be between 18 and 24 inches deep. Usually, the main gas lines are at least 24 inches deeper than service gas lines found at a depth of 18 inches underground.

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Ohio Pipelines - Laying and Burying