Travis Johnson wrote:Myself, I would not be too concerned about it, but it depends on what they are going to be using it for.
I make the assumption that they are going to need water for dust control, or for wash water, and with a well being located nearby, it just makes sense to use one that is already drilled instead of drilling a new one. IF you do not rely on I for everyday water, it could net you some income from something you are not using.
Of all the different types of mining, gravel pit operations are the least pollutive.
Hamilton Betchman wrote:
Oscar Brantley wrote:Good evening,
Anyone with experience in renting out water wells for an extra income. I got a heads up from a friend that a mineral surface mining group wants to use my well for a new gravel pit. Although the extra cash would always be welcomed, I’ve relied on my water well as an emergency water source at times. I have no clue as to what would be a fair price for renting it out especially if there is a possibility of them pumping it dry. Any input you all have is greatly appreciated.
As a former well driller, I have a few questions before I try to steer you in the right direction. What area are you in? How deep is your well? What kind of well is it(Rock, Sand)? What size casing do you have? What size pump?
Chances are, if they don't rent your well, they will drill their own. If they drill their own and draw the aquifer down, it's your loss. If they rent yours and draw the aquifer down, you can have a fancy lawyer write up a contract stating they would re-drill the well.