Re: OT: gas leases

Posted by Mark - IN. on November 12, 2005 at 03:47:06 from (205.188.117.6):

In Reply to: OT: gas leases posted by PhilcaseinWPa on November 11, 2005 at 13:40:04:

Some years back, back in the late '70s and early '80s, oil companies were leasing land access from folks from like Kalamazoo, MI. down towards central Illinois to pump oil. Was kind've a cool setup. They put rigs and storage in the middle of fields (or where ever), and all the land owners basically had to do was go out and shut them down when filled to a certain level, and call it in, and collect $$$ for doing it. Then at some point it all just stopped. Not because the oil vein dried up, it just stopped. ??? Environmentalists? Regulations? I have no clue. But, there are rigs that have been settin idle for a couple of decades up on Adamsville Road northwest of me in MI, couple north of the Garver Lake area, one along Interstate 80 near Michigan City, IN. (that one's painted up pretty with some oil company's name on it).

I wonder whatever happened to all of that? I knew of a couple of guys that were allowing that on their properties. Back then were getting like $1K per month for shutting them off and calling the oil guys to come empty the storage tanks.

If you can do it.... is up to you. But, then again, since power plants, fuel depots and refineries and the sort are now considered "strategic" something or others under Home Land Security, you might open yourselve up to intrusions of... who knows.

Good luck, Mark

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