Common use of Land Compensation Clause in Contracts

Land Compensation. In return for actual surface use of leased land required for well site, pipeline, transmission and plant operations hereunder, Lessee shall compensate Lessor at the annual rate of $100.00 per acre for such lands so affected for the duration of their use. For these purposes, any pipelines or transmission lines shall be deemed to require a 10 foot wide ground area. All pipelines shall be insulated as per typical project specifications and shall be colored according to industry norms or permit requirements as may be imposed.

Land Compensation. In return for actual surface use of leased land required for well site, pipeline, transmission and plant operations hereunder, Lessee shall compensate Lessor at the annual rate of $100.00 50.00 per acre for such lands so affected for the duration of their use. For these purposes, any pipelines or transmission lines shall be deemed to require a 10 foot wide ground area. All pipelines shall be insulated as per typical project specifications and shall be colored according to industry norms or permit requirements as may be imposed.