S.2151 - A bill to streamline the oil and gas permitting process and to recognize fee ownership for certain oil and gas drilling or spacing units, and for other purposes.115th Congress (2017-2018)
|Sponsor:||Sen. Hoeven, John [R-ND] (Introduced 11/16/2017)|
|Committees:||Senate - Energy and Natural Resources|
|Latest Action:||Senate - 11/16/2017 Read twice and referred to the Committee on Energy and Natural Resources. (All Actions)|
This bill has the status Introduced
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Summary: S.2151 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in Senate (11/16/2017)
This bill states that a Bureau of Land Management (BLM) drilling permit shall not be required under either the Federal Oil and Gas Royalty Management Act of 1982 or the Code of Federal Regulations for an action occurring within an oil and gas drilling or spacing unit, if: (1) less than 50% of the minerals within the oil and gas drilling or spacing unit are federally owned, and (2) the federal government neither owns nor leases the surface estate within the unit's boundaries.
The bill retains the right of the federal government to receive royalties from the production of federal minerals within the unit.