There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (12/03/1973)

Authorizes the Secretary of the Interior to pay to any eligible oil well driller an amount equal to one-half of the intangible drilling and development costs of a nonproductive wildcat oil or natural gas well, not to exceed $25,000 in the case of any one well, in lands not known to be productive of oil and natural gas.