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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 ·
OSTI ID:7175503
The Federal Onshore Competitive Oil and Gas Leasing Act of 1986 amends the 1920 act providing for competitive leasing of onshore federal lands for oil and gas exploration and development. The bill reduces the size of units from no more than 5120 to no more than 2560 acres. It also makes changes in the frequency of lease sales, royalty payments, and acceptable prices per acre. The latter reduces the acceptable price from $35 to $20 per acre. Other changes involve the procedures for administering competitive bids and other regulations to be administered by the Secretary of the Interior.
OSTI ID:
7175503
Country of Publication:
United States
Language:
English

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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
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Related Subjects

02 PETROLEUM
021000* -- Petroleum-- Legislation & Regulations
03 NATURAL GAS
031000 -- Natural Gas-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
290400 -- Energy Planning & Policy-- Energy Resources
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294000 -- Energy Planning & Policy-- Fossil Fuels
ADMINISTRATIVE PROCEDURES
BIDS
COMPETITION
EXPLORATION
GOVERNMENT POLICIES
LAND LEASING
LEASES
LEASING
LEGISLATION
NATIONAL ORGANIZATIONS
PUBLIC LANDS
RESOURCE DEVELOPMENT
US DOI
US ORGANIZATIONS