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End Speculative Oil and Gas Leasing Act of 2020

USA116th CongressS-3202| Senate 
| Updated: 1/16/2020
Catherine Cortez Masto

Catherine Cortez Masto

Democratic Senator

Nevada

Energy and Natural Resources Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
End Speculative Oil and Gas Leasing Act of 2020 This bill specifies requirements for the leasing of oil and gas resources on federal lands. The Bureau of Land Management (BLM), with respect to certain federal land that is covered by a reasonably foreseeable development scenario (i.e., a long-term projection of oil and gas development) shall not offer the land for lease until such scenario includes an assessment of the land's oil and gas potential that specifically identifies the potential for all acres subject to decisions on availability for leasing. If certain federal land that is otherwise available for leasing of oil and gas resources is not covered by a reasonably foreseeable development scenario, the BLM shall complete such a scenario in accordance with the requirements and factors described in this bill. In general, the BLM shall not offer for lease certain federal land otherwise available for leasing of oil and gas resources if such land is designated in the applicable reasonably foreseeable development scenario as having low or no potential for the development of oil or gas resources. However, the bill provides for a variance process. With respect to each of these requirements, exceptions apply for federal land that is leased for the purpose of preventing oil or gas drainage or that meets specified requirements related to size and proximity to an oil- or gas-producing well.
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Timeline
Jan 16, 2020
Introduced in Senate
Jan 16, 2020
Read twice and referred to the Committee on Energy and Natural Resources.
  • January 16, 2020
    Introduced in Senate


  • January 16, 2020
    Read twice and referred to the Committee on Energy and Natural Resources.

Public Lands and Natural Resources

Forests, forestry, treesLand use and conservationOil and gas

End Speculative Oil and Gas Leasing Act of 2020

USA116th CongressS-3202| Senate 
| Updated: 1/16/2020
End Speculative Oil and Gas Leasing Act of 2020 This bill specifies requirements for the leasing of oil and gas resources on federal lands. The Bureau of Land Management (BLM), with respect to certain federal land that is covered by a reasonably foreseeable development scenario (i.e., a long-term projection of oil and gas development) shall not offer the land for lease until such scenario includes an assessment of the land's oil and gas potential that specifically identifies the potential for all acres subject to decisions on availability for leasing. If certain federal land that is otherwise available for leasing of oil and gas resources is not covered by a reasonably foreseeable development scenario, the BLM shall complete such a scenario in accordance with the requirements and factors described in this bill. In general, the BLM shall not offer for lease certain federal land otherwise available for leasing of oil and gas resources if such land is designated in the applicable reasonably foreseeable development scenario as having low or no potential for the development of oil or gas resources. However, the bill provides for a variance process. With respect to each of these requirements, exceptions apply for federal land that is leased for the purpose of preventing oil or gas drainage or that meets specified requirements related to size and proximity to an oil- or gas-producing well.
View Full Text

Suggested Questions

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Timeline
Jan 16, 2020
Introduced in Senate
Jan 16, 2020
Read twice and referred to the Committee on Energy and Natural Resources.
  • January 16, 2020
    Introduced in Senate


  • January 16, 2020
    Read twice and referred to the Committee on Energy and Natural Resources.
Catherine Cortez Masto

Catherine Cortez Masto

Democratic Senator

Nevada

Energy and Natural Resources Committee

Public Lands and Natural Resources

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Forests, forestry, treesLand use and conservationOil and gas