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End Speculative Oil and Gas Leasing Act of 2023

USA118th CongressS-1622| Senate 
| Updated: 7/12/2023
Catherine Cortez Masto

Catherine Cortez Masto

Democratic Senator

Nevada

Public Lands, Forests, and Mining Subcommittee, Energy and Natural Resources Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
End Speculative Oil and Gas Leasing Act of 2023 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), must 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 must complete such a scenario prior to making the land available for lease in accordance with the requirements and factors described in this bill. In general, the BLM must 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

Bill from Previous Congress

S 116-3202
End Speculative Oil and Gas Leasing Act of 2020

Bill from Previous Congress

S 117-607
End Speculative Oil and Gas Leasing Act of 2021
May 16, 2023

Latest Companion Bill Action

HR 118-3377
Introduced in House
May 16, 2023
Introduced in Senate
May 16, 2023
Read twice and referred to the Committee on Energy and Natural Resources.
Jul 12, 2023
Committee on Energy and Natural Resources Senate Subcommittee on Public Lands, Forests, and Mining. Hearings held. With printed Hearing: S.Hrg. 118-285.
  • Bill from Previous Congress

    S 116-3202
    End Speculative Oil and Gas Leasing Act of 2020


  • Bill from Previous Congress

    S 117-607
    End Speculative Oil and Gas Leasing Act of 2021


  • May 16, 2023

    Latest Companion Bill Action

    HR 118-3377
    Introduced in House


  • May 16, 2023
    Introduced in Senate


  • May 16, 2023
    Read twice and referred to the Committee on Energy and Natural Resources.


  • July 12, 2023
    Committee on Energy and Natural Resources Senate Subcommittee on Public Lands, Forests, and Mining. Hearings held. With printed Hearing: S.Hrg. 118-285.

Public Lands and Natural Resources

Related Bills

  • HR 118-3377: End Speculative Oil and Gas Leasing Act of 2023
Forests, forestry, treesLand use and conservationOil and gas

End Speculative Oil and Gas Leasing Act of 2023

USA118th CongressS-1622| Senate 
| Updated: 7/12/2023
End Speculative Oil and Gas Leasing Act of 2023 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), must 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 must complete such a scenario prior to making the land available for lease in accordance with the requirements and factors described in this bill. In general, the BLM must 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

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-3202
End Speculative Oil and Gas Leasing Act of 2020

Bill from Previous Congress

S 117-607
End Speculative Oil and Gas Leasing Act of 2021
May 16, 2023

Latest Companion Bill Action

HR 118-3377
Introduced in House
May 16, 2023
Introduced in Senate
May 16, 2023
Read twice and referred to the Committee on Energy and Natural Resources.
Jul 12, 2023
Committee on Energy and Natural Resources Senate Subcommittee on Public Lands, Forests, and Mining. Hearings held. With printed Hearing: S.Hrg. 118-285.
  • Bill from Previous Congress

    S 116-3202
    End Speculative Oil and Gas Leasing Act of 2020


  • Bill from Previous Congress

    S 117-607
    End Speculative Oil and Gas Leasing Act of 2021


  • May 16, 2023

    Latest Companion Bill Action

    HR 118-3377
    Introduced in House


  • May 16, 2023
    Introduced in Senate


  • May 16, 2023
    Read twice and referred to the Committee on Energy and Natural Resources.


  • July 12, 2023
    Committee on Energy and Natural Resources Senate Subcommittee on Public Lands, Forests, and Mining. Hearings held. With printed Hearing: S.Hrg. 118-285.
Catherine Cortez Masto

Catherine Cortez Masto

Democratic Senator

Nevada

Public Lands, Forests, and Mining Subcommittee, Energy and Natural Resources Committee

Public Lands and Natural Resources

Related Bills

  • HR 118-3377: End Speculative Oil and Gas Leasing Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Forests, forestry, treesLand use and conservationOil and gas