Amending the Oil and Gas Leasing Act of 1920: Hearings Before the Committee on the Public Lands, House of Representatives, Seventy-fourth Congress, First Session, on H.R. 5530 (H.R. 8289), a Bill to Amend an Act Entitled "An Act to Promote the Mining of Coal, Phosphate, Oil, Oil Shale, Gas, and Sodium on the Public Domain" Approved February 25, 1920 (41 Stat. 437; U.S.C., Title 30, Secs. 185, 221, 223, and 226), as Amended. April 15, 16, 17, 18, 19, 20, 22, and 23, 1935U.S. Government Printing Office, 1935 - 269 pages |
From inside the book
Results 1-5 of 27
Page 5
... practice has not gone to an operator who expended money in search of oil on the permit area but , in general , to a ... practice of having the royalty and / or bonus of prospective as well as proven oil and gas lands determined by ...
... practice has not gone to an operator who expended money in search of oil on the permit area but , in general , to a ... practice of having the royalty and / or bonus of prospective as well as proven oil and gas lands determined by ...
Page 19
... practice , no lessee is required to drill a well or produce a drop of oil . He can get relief from the drilling requirements of his lease , subject only to the requirement that if the land is being drained the Government's interests ...
... practice , no lessee is required to drill a well or produce a drop of oil . He can get relief from the drilling requirements of his lease , subject only to the requirement that if the land is being drained the Government's interests ...
Page 38
... practice of the Department and is not contemplated by the bill , as I read it . Mr. AYERS . What is your idea of the unit system ? Mr. STABLER . The language of the extension law , the proposed law , is cooperative on the unit plan . A ...
... practice of the Department and is not contemplated by the bill , as I read it . Mr. AYERS . What is your idea of the unit system ? Mr. STABLER . The language of the extension law , the proposed law , is cooperative on the unit plan . A ...
Page 43
... practices , is it not true that the requirements of such stipulations are , in effect , requiring the permittees to enter into agreements with the patented landowners , who are not bound to enter into any such agreements ? Mr. STABLER ...
... practices , is it not true that the requirements of such stipulations are , in effect , requiring the permittees to enter into agreements with the patented landowners , who are not bound to enter into any such agreements ? Mr. STABLER ...
Page 45
... theory of using a sliding scale is that the risks would , to some extent , be equalized by the variation in the scale and the productivity of the oil horizon encountered . In practice AMENDING THE OIL AND GAS LEASING ACT OF 1920 45.
... theory of using a sliding scale is that the risks would , to some extent , be equalized by the variation in the scale and the productivity of the oil horizon encountered . In practice AMENDING THE OIL AND GAS LEASING ACT OF 1920 45.
Common terms and phrases
122 percent acreage acres amendment application authority AYERS barrels bill bonus California canceled CHAIRMAN committee competitive bidding Congress cooperative or unit DANAHER DEMPSEY deposits of oil discovery drilling equities expire extension February 25 gas field gas leases Government lands granted GREEVER interest Interior JACKSON James Rolph June 30 Kern County known geological structure leases issued Leasing Act legislation less than 122 lessee ment Midway School mineral Montana MOTT natural gas naval petroleum reserve Navy Department oil and gas oil or gas oil shale PATTERSON paying quantities period permittee pipe line plan of development POOLE preference right prescribed private lands produced in paying producing oil production proposed prospecting permits provided further public domain public lands reasonable regulations rental ROBINSON royalty royalty rate Secretary section 17 section 28 STABLER surveys TALLMAN thereafter as oil tion tract unit plan unless valuable deposits Wyoming
Popular passages
Page 121 - ... shall be paid by the Secretary of the Treasury after the expiration of each fiscal year to the State within the boundaries of which the leased lands or deposits are or were located, said moneys to be used by such State or...
Page 121 - Senate of the State of California, jointly. That the Legislature of the State of California respectfully memorializes the President and the Congress of the United States...
Page 116 - Provided, That all moneys which may accrue to the United States under the provisions of this Act from lands within the naval petroleum reserves shall be deposited in the Treasury as
Page 2 - ... preference right over others to a permit for the land so identified. The applicant shall, within ninety days after receiving a permit, mark each of the corners of the tract described in the permit upon the ground with substantial monuments, so that the boundaries can be readily traced on the ground, and shall post in a conspicuous place upon the lands a notice that such permit has been granted and a description of the lands covered thereby: Provided, That in the Territory of Alaska prospecting...
Page 109 - An act to authorize the President of the United States to make withdrawals of public lands in certain cases (36 Stat, 847)," shall hereafter, subject to valid existing rights, constitute Naval Petroleum Reserve No.
Page 259 - States and are not within any known geological structure of a producing oil or gas field upon condition that the permittee shall begin drilling operations within six months from the date of the permit, and shall, within one year from and after the date of permit, drill one or more wells for oil or gas to a depth of not less than five hundred feet each, unless valuable deposits of oil or gas shall be sooner discovered...
Page 4 - That any lease issued under the provisions of this act may be forfeited and canceled by an appropriate proceeding in the United States district court for the district in which the property, or some part thereof, is located...
Page 49 - It is agreed that this lease shall remain in force for a term of years from this date, and as long thereafter as oil or gas, or either of them, is produced from said land by the lessee.
Page 260 - The area to be selected by the permittee shall be in compact form and, if surveyed, to be described by the legal subdivisions of the...
Page 251 - ... or of any company operating the same which may be operated accessible to the oil derived from lands under such lease, shall at reasonable rates and without discrimination accept and convey the oil of the Government -or of any citizen or company not the owner of any pipe line, operating a lease or purchasing gas or oil under the provisions of this Act...