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Pipeline Companies Paying More to Cross Private Land
A natural gas pipeline company argued earlier this year that it should pay about $80,000 for the right to lay pipe across a mile of vacant land south of Fort Worth. The landowner countered, and a Johnson County jury agreed, that the price should be higher.
A lot higher. In March, the jury awarded about $1.6 million, plus interest, to the landowner, more than 20 times the amount that Midland-based Peregrine Pipeline Co. had offered.
A natural gas pipeline company argued earlier this year that it should pay about $80,000 for the right to lay pipe across a mile of vacant land south of Fort Worth. The landowner countered, and a Johnson County jury agreed, that the price should be higher.
A lot higher. In March, the jury awarded about $1.6 million, plus interest, to the landowner, more than 20 times the amount that Midland-based Peregrine Pipeline Co. had offered.