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
... receiving a permit he shall mark the corners of the tract described in the permit upon the ground with substantial monuments within one year after receiving such permit : And provided further , That any person holding a permit to ...
... receiving a permit he shall mark the corners of the tract described in the permit upon the ground with substantial monuments within one year after receiving such permit : And provided further , That any person holding a permit to ...
Page 5
... received for oil and gas leases on public lands was 11.30 percent , or less than the lowest customary royalty under commercial leases . This was due solely to the unprecedented 5 - percent lease pro- vision of section 14. Thirty - seven ...
... received for oil and gas leases on public lands was 11.30 percent , or less than the lowest customary royalty under commercial leases . This was due solely to the unprecedented 5 - percent lease pro- vision of section 14. Thirty - seven ...
Page 7
... receiving 5 - percent royalties upon what is known as preferred acreage ; that is , 640 acres , we will say , out of 2,560 acres , or 160 acres out of 640 acres or lesser acreage . The moneys that are received from the royalties go to ...
... receiving 5 - percent royalties upon what is known as preferred acreage ; that is , 640 acres , we will say , out of 2,560 acres , or 160 acres out of 640 acres or lesser acreage . The moneys that are received from the royalties go to ...
Page 8
... received a large amount of money . The preferred acreage , being one - fourth of the total , has enabled- I do not know whether the report covers that - but it has enabled somebody to very often secure a lease at 5 percent on all of the ...
... received a large amount of money . The preferred acreage , being one - fourth of the total , has enabled- I do not know whether the report covers that - but it has enabled somebody to very often secure a lease at 5 percent on all of the ...
Page 20
... received it . Mr. HILL . It is a contract , in other words ? The CHAIRMAN . It would be a vested right ? Mr. STABLER . Substantially , a vested right ; yes . Mr. HILL . Then there is no extended permits that can be termi- nated on May 1 ...
... received it . Mr. HILL . It is a contract , in other words ? The CHAIRMAN . It would be a vested right ? Mr. STABLER . Substantially , a vested right ; yes . Mr. HILL . Then there is no extended permits that can be termi- nated on May 1 ...
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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