Oil and Gas Bonding Reform and Orphaned Well Remediation Act

Summary

Oil and Gas Bonding Reform and Orphaned Well Remediation Act This bill establishes incentives and requirements to clean up orphaned oil and gas wells, including by (1) establishing a program to remediate, reclaim, and permanently plug such wells located on federal land, state land, or land under the jurisdiction of Indian tribes; and (2) revising bonding requirements for oil and gas development on public land leased from the federal government. Such bonds are required to ensure developers have adequate financial resources to remediate and reclaim public land, water, or other resources after wells are abandoned or oil and gas development ceases.

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Timeline

1. 22 June 2021

   Introduced

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

   Source: IntroReferral

2. 22 June 2021

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 22 June 2021 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 22 June 2021

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 22 June 2021

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 22 June 2021

  Open at official source

Sponsors

• Michael Bennet · D · Sponsor
• Martin Heinrich · D · Cosponsor
• Sen. Feinstein, Dianne [D-CA] · D · Cosponsor
• Sen. Booker, Cory A. [D-NJ] · D · Cosponsor
• John Hickenlooper · D · Cosponsor
• Sen. Padilla, Alex [D-CA] · D · Cosponsor
• · sseg00 · Standing

Related records

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