Amending the Oil and Gas Leasing Act of 1920 .. Hearings ... on H.R. 5530, (H.R. 8289) ... April 15-23, 19251935 - 267 pages |
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Page 1
... 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 ...
... 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 ...
Page 3
... field , or pool , shall also require that leases hereafter issued be conditioned upon an agreement by the lessee to operate under such a cooperative or unit plan for the development and operation of any such area , field , or pool as he ...
... field , or pool , shall also require that leases hereafter issued be conditioned upon an agreement by the lessee to operate under such a cooperative or unit plan for the development and operation of any such area , field , or pool as he ...
Page 6
... field . In my opinion there is no necessity to distinguish as to lease periods between leases within or without the geological structure of a producing oil or gas field , and in order to avoid unnecessary complexities of administration ...
... field . In my opinion there is no necessity to distinguish as to lease periods between leases within or without the geological structure of a producing oil or gas field , and in order to avoid unnecessary complexities of administration ...
Page 18
... fields . The struggle of the industry and the Government to prevent an economic disaster as a result of the surplus still continues . The act of February 25 , 1920 , was purely adapted to the period of surplus oil . The following steps ...
... fields . The struggle of the industry and the Government to prevent an economic disaster as a result of the surplus still continues . The act of February 25 , 1920 , was purely adapted to the period of surplus oil . The following steps ...
Page 19
... field of Wyoming , largely Government owned , followed by very large discoveries of high - grade oil in Oklahoma , in the Seminole pools , and then again followed by discoveries of the west Texas , and , particularly , of east Texas fields ...
... field of Wyoming , largely Government owned , followed by very large discoveries of high - grade oil in Oklahoma , in the Seminole pools , and then again followed by discoveries of the west Texas , and , particularly , of east Texas fields ...
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Common terms and phrases
122 percent acreage acres amendment amount application authority AYERS barrels bill bonus California canceled centum CHAIRMAN committee competitive bidding Congress conservation cooperative or unit DANAHER DEMPSEY Department deposits of oil discovery drilling expire extension February 25 Federal FREEMAN gas field gas leases going Government lands granted GREEVER interest Interior JACKSON James Rolph June 30 Kern County known geological structure leases issued Leasing Act less than 12½ lessee ment Midway School mineral Montana MOTT natural gas naval petroleum reserve Navy Ohio Oil Co oil and gas oil or gas oil shale PATTERSON period permittee pipe line plan of development POOLE preference right prescribed private lands producing oil production proposed prospecting permits public domain public lands question reason reference regulations rental ROBINSON royalty royalty rate Secretary section 17 section 28 STABLER Survey TALLMAN tion tract unit operation unit plan Wyoming