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
... production and the annual payment in advance of a rental of $ 1 per acre , the rental paid for any one year to be credited against the royalties as they accrue for that year , and shall continue in force as prescribed in section 17 ...
... production and the annual payment in advance of a rental of $ 1 per acre , the rental paid for any one year to be credited against the royalties as they accrue for that year , and shall continue in force as prescribed in section 17 ...
Page 3
... production pursuant to any order of the said Secretary : Provided further , That no lease on lauds not within any known geological structure of a producing oil or gas field shall be issued if the Secretary shall find upon certification ...
... production pursuant to any order of the said Secretary : Provided further , That no lease on lauds not within any known geological structure of a producing oil or gas field shall be issued if the Secretary shall find upon certification ...
Page 5
... production of oil and gas from the early days of the industry , the lessee pays the lessor a bonus in cash for the privilege of leasing and a percentage royalty on production ob- tained . The amount of bonus and royalty paid for private ...
... production of oil and gas from the early days of the industry , the lessee pays the lessor a bonus in cash for the privilege of leasing and a percentage royalty on production ob- tained . The amount of bonus and royalty paid for private ...
Page 6
... production to the market demand without fear of loss . The cost of drilling wells and the hazards involved in developing cil and gas leases are great . In view of the existing overproduction of crude oil and the necessity for curtailing ...
... production to the market demand without fear of loss . The cost of drilling wells and the hazards involved in developing cil and gas leases are great . In view of the existing overproduction of crude oil and the necessity for curtailing ...
Page 7
... production from public lands must be adhered to by all pipe lines operating on public lands . It is my considered opinion that this bill , modified in section 17 as indicated , is in the public interest , and I respectfully urge that it ...
... production from public lands must be adhered to by all pipe lines operating on public lands . It is my considered opinion that this bill , modified in section 17 as indicated , is in the public interest , and I respectfully urge that it ...
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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