End Speculative Oil and Gas Leasing Act of 2023

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 16 May 2023

   Introduced

   Referred to the House Committee on Natural Resources.

   Source: IntroReferral

2. 16 May 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 16 May 2023

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 16 May 2023 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 16 May 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 16 May 2023

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 16 May 2023

  Open at official source

Sponsors

• Rep. Lee, Susie [D-NV-3] · D · Sponsor
• Raúl Grijalva · D · Cosponsor
• Jared Huffman · D · Cosponsor
• Rep. Lieu, Ted [D-CA-36] · D · Cosponsor
• Rep. Beyer, Donald S. [D-VA-8] · D · Cosponsor
• Rep. Stansbury, Melanie A. [D-NM-1] · D · Cosponsor
• Mike Levin · D · Cosponsor
• · hsii00 · Standing

Related records

• related to → End Speculative Oil and Gas Leasing Act of 2023
• related to ← End Speculative Oil and Gas Leasing Act of 2021