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United States · Bill · HR

H.R. 11742 (93rd)

A bill to encourage drilling and prospecting for oil and natural gas in land not known to be productive of oil and natural gas.

referredUnited States· United States Congress· EN

Introduced

3 December 1973

Last action

—

Status

Referred to House Committee on Interior and Insular Affairs.

Sponsors

—

Subjects

Discovery layer

Source updated

1 August 2024

Official sourceView documentsShare

Summary

Authorizes the Secretary of the Interior to pay to any eligible oil well driller an amount equal to one-half of the intangible drilling and development costs of a nonproductive wildcat oil or natural gas well, not to exceed $25,000 in the case of any one well, in lands not known to be productive of oil and natural gas.

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Documents

1 official file

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Sources

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