AboutLaura M. FitzGerald, CPL Expertise I can answer all questions related to any oil and gas leases, mineral sales, pipeline right-of-ways, LA Dept of Conservation Units; negotiating with landmen for leasing your property, assisting in locating owners of suspended funds.
Experience 26 years in the field and owning my own land services company; being a royalty owner, and participating in drilling wells
Organizations American Association for Professional Landmen, ArkLaTex Assoc. of Professional Landmen, and Dallas Association of Professional Landmen (DAPL), Women's Business Enterprise National Council (WBENC)
Education/Credentials Certified Professional Landman, attended LSU, Notary Public
Question We have approximately 1/2 mile of unpaved road that an oil operator wants to us to service his new well. His pumper will be using the road to direct water and oil hauling and other services on a weekly basis. We have no royality interest in his well therefore; we want to lease this road to him. What is the going rate for such services or what would you consider a reasonable annual fee for allowing the use of the road.
Thanks in advance for you help.
Answer You did not indicate the real estate for this property, but you should do so in order to determine what value is placed on the property. Also, you should protect yourself by having this Road Use Agreement in writing, between the parties, and stipulate how the road will be maintained because the heavy road traffic will tear up the road. You can specify the type of rock the road should be paved with and the maintenance schedule for this road. Also, if you have livestock on adjoining property, be sure and request fencing around the perimeter of the road.
