AMPLE Oil and Gas Royalties Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 21, 2015)
Accounting for Methane in Production through Loophole Elimination with Oil and Gas Royalties or the AMPLE Oil and Gas Royalties Act
This bill amends the Federal Oil and Gas Royalty Management Act of 1982 to require, with respect to federal oil and gas leases, a lessee or its designee of a lease in a unit or communitization agreement that contains only federal leases with the same royalty rate and funds distribution, or a lessee or its designee of a lease that is not contained in a unit or communitization agreement, to report and pay royalties on oil and gas production each month based on the actual volume of oil and gas withdrawn from the reservoir by or on behalf of that lessee, including all oil and gas not sold by or on behalf of that lessee. (Currently, such lessees pay royalties on oil and gas production based on only the actual volume of production sold by or on behalf of that lessee.)
"Oil and gas withdrawn from the reservoir" is defined as any oil and gas that is produced, sold, vented, flared, used for beneficial purposes, leaked, or otherwise emitted during production.
What just happenedAug 4, 2015
Referred to the Subcommittee on Energy and Mineral Resources.
Who’s behind it
- Introduced in HouseJul 21, 2015
- Aug 4, 2015Committee
Referred to the Subcommittee on Energy and Mineral Resources.
Energy and Mineral Resources Subcommittee - Jul 21, 2015IntroReferralH11100
Referred to the House Committee on Natural Resources.
Natural Resources Committee - Jul 21, 2015IntroReferralIntro-H
Introduced in House
- Jul 21, 2015IntroReferral1000
Introduced in House