Skip to main content
OSTI.GOVU.S. Department of Energy Office of Scientific and Technical Information
U.S. Department of Energy
Office of Scientific and Technical Information
 

H. R. 2851: A bill to amend the Mineral Lands Leasing Act of 1920 to reform the onshore oil and gas leasing program. Introduced in the House of Representatives, One Hundredth Congress, First Session, June 30, 1987, October 15, 1987, November 6, 1987, November 20, 1987

Book ·
OSTI ID:5585889
The Federal Onshore Oil and Gas Leasing Reform Act of 1987 specifies competitive bidding on leases not larger than 2560 acres, except in Alaska where the maximum is 5760 acres. Royalties are at a rate not less than 12.5% in amount of the production removed or sold from the lease. The Secretary of the Interior does not have to accept the highest bid offered if he determines the bid would not represent a reasonable return to the public. If lands initially required to be leased become available for leasing, the person first making application for the lease qualified to hold it shall be entitled to a lease without competitive bidding. Lands not subject to oil and gas leasing are also described under this legislation.
OSTI ID:
5585889
Country of Publication:
United States
Language:
English

Similar Records

S. 2439: a bill to amend the Act of February 25, 1920, to provide for competitive leasing of oil and gas for onshore Federal lands, and for other purposes. Introduced in the Senate of the United States, Ninety-Ninth Congress, Second Session, May 13 1986
Book · Tue Dec 31 23:00:00 EST 1985 · OSTI ID:7175503
H. R. 4826: a bill to amend the Act of February 25, 1920 to provide for competitive leasing of oil and gas for onshore Federal lands, and for other purposes. Introduced in the House of Representatives, Ninety-Ninth Congress, Second Session, May 14, 1986
Book · Tue Dec 31 23:00:00 EST 1985 · OSTI ID:5492333
H. R. 4741: a bill to establish competitive oil and gas leasing and modify leasing procedures for onshore Federal lands. Introduced in the House of Representatives, Ninety-Ninth Congress, Second Session, May 1, 1986
Book · Tue Dec 31 23:00:00 EST 1985 · OSTI ID:5399868

Related Subjects

02 PETROLEUM
021000* -- Petroleum-- Legislation & Regulations
03 NATURAL GAS
031000 -- Natural Gas-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002 -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
ADMINISTRATIVE PROCEDURES
AMENDMENTS
EXPLORATION
FORESTS
GEOLOGIC DEPOSITS
IMPLEMENTATION
LAND RECLAMATION
LAND USE
LEASING
LEGISLATION
LEGISLATIVE TEXT
MINERAL RESOURCES
NATURAL GAS DEPOSITS
ONSHORE SITES
PERMIT APPLICATIONS
PETROLEUM DEPOSITS
RESOURCES