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United States · Bill · S

S. 1622 (118th)

End Speculative Oil and Gas Leasing Act of 2023

openUnited States· United States Congress· EN

Introduced

16 May 2023

Last action

12 July 2023 · Committee

Status

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

Sponsors

Sen. Cortez Masto, Catherine [D-NV]

Subjects

Discovery layer

Source updated

24 March 2026

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

    Read twice and referred to the Committee on Energy and Natural Resources.

    Source: IntroReferral

  2. 16 May 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 12 July 2023

    Committee

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

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 16 May 2023

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 16 May 2023

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 16 May 2023

    Open at official source

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Sponsors

Related records

Sources

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