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 2
... fixed for oil or gas leases issued under section 17 of this Act , the royalty to be determined by competitive bidding or fixed by such other method as the Secre- tary may by regulations prescribe : Provided further , That the Secretary ...
... fixed for oil or gas leases issued under section 17 of this Act , the royalty to be determined by competitive bidding or fixed by such other method as the Secre- tary may by regulations prescribe : Provided further , That the Secretary ...
Page 3
... fixed in the lease . The provisions of this paragraph shall apply to all oil and gas leases issued under this Act , not included in an approved cooperative or unit plan of development and operation . " Any lease issued after July 1 ...
... fixed in the lease . The provisions of this paragraph shall apply to all oil and gas leases issued under this Act , not included in an approved cooperative or unit plan of development and operation . " Any lease issued after July 1 ...
Page 5
... fixed by law or regulation and the bonus determined by competitive bidding . In most cases a royalty of 121⁄2 percent , plus a cash bonus in dollars per acre , has been the result , though royalties of 16 % percent are not uncommon and ...
... fixed by law or regulation and the bonus determined by competitive bidding . In most cases a royalty of 121⁄2 percent , plus a cash bonus in dollars per acre , has been the result , though royalties of 16 % percent are not uncommon and ...
Page 13
... fixed by existing law , would not be affected by this act ? Mr. POOLE . That is correct . Mr. DIMOND . Suppose that an extension has heretofore been granted on that , which extends beyond May 1 , 1937 , would that extension be affected ...
... fixed by existing law , would not be affected by this act ? Mr. POOLE . That is correct . Mr. DIMOND . Suppose that an extension has heretofore been granted on that , which extends beyond May 1 , 1937 , would that extension be affected ...
Page 21
... fixed in place . Oil and gas are not of that character ; they are fugitive minerals that can move from one place to another under changes of pressure be- neath the ground . If a well is drilled to an oil or gas horizon , through that ...
... fixed in place . Oil and gas are not of that character ; they are fugitive minerals that can move from one place to another under changes of pressure be- neath the ground . If a well is drilled to an oil or gas horizon , through that ...
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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