Amending the Oil and Gas Leasing Act of 1920 .. Hearings ... on H.R. 5530, (H.R. 8289) ... April 15-23, 19251935 - 267 pages |
From inside the book
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Page 1
... 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 ...
... 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 ...
Page 2
... operations shall begin within two years from date of permit and oil and gas wells shall be drilled to a depth of not less than five hundred feet , unless valuable deposits of oil or gas shall be sooner discovered , within three years ...
... operations shall begin within two years from date of permit and oil and gas wells shall be drilled to a depth of not less than five hundred feet , unless valuable deposits of oil or gas shall be sooner discovered , within three years ...
Page 3
... operation of any such area , field , or pool as he may approve or prescribe . " Leases hereafter issued under this section shall be for a period of five years and so long thereafter as oil or gas is produced in paying quantities when ...
... operation of any such area , field , or pool as he may approve or prescribe . " Leases hereafter issued under this section shall be for a period of five years and so long thereafter as oil or gas is produced in paying quantities when ...
Page 6
... operation , and the bill adds a further provision requiring the Secretary of the Interior to reserve the right in issuing new leases to approve or prescribe cooperative or unit plans of develop- ment and operation for the purpose of ...
... operation , and the bill adds a further provision requiring the Secretary of the Interior to reserve the right in issuing new leases to approve or prescribe cooperative or unit plans of develop- ment and operation for the purpose of ...
Page 11
... operation . Mr. DIMOND . But it does not take away any rights heretofore granted under existing permits ? Mr. POOLE . That is correct . Mr. MOTT . Perhaps I do not understand the situation , at all . I understood you to say that , by ...
... operation . Mr. DIMOND . But it does not take away any rights heretofore granted under existing permits ? Mr. POOLE . That is correct . Mr. MOTT . Perhaps I do not understand the situation , at all . I understood you to say that , by ...
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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