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That was my hope when I bought my home in the “stix” many years ago, that I would find an old abandoned gas well with enough “blow” on it to run a gennie and heat my house. Alas, none was found.
BTW: If The S were to HTF, It’s not hard to rig up your own “farm tap”, if you know what your doing. I do (work in the oil patch for last 41 years.)
Lumber prices are high enough that we will be doing a timber sale at our retreat this summer.
Land with gas wells is one of the things I’ve been looking at, but one thing I can’t find much info on is how much of a premium is it worth to get the mineral rights with free refills of LPG, let alone a ‘tap’ vs getting the land with no mineral rights?
@suburbanprepper
Though states do vary legislatively, the idea of owning land sans it’s mineral rights verges on oxymoronic in my opinion.I am personally aware of a family who built a beautiful new home on their property, only to have a natural gas pump (?) and access road established behind them soon after. And while a company may work to accommodate you to some degree, at the end of the day you cannot deny them access to what is lawfully theirs. Also bear in mind that with new technologies and methods, seemingly once neglected mineral rights may increase in value and entice the drilling your property.
Also bear in mind there may be a difference between shallow gas rights and deep gas rights. Mineral rights in my area are going for about 10k per acre but we are in the middle of a boom now.