Deepwater Drilling Royalty Prohibition Act

Summary

Deepwater Drilling Royalty Prohibition Act - Prohibits the Secretary of the Interior from issuing any oil or gas lease sale under the Outer Continental Shelf Lands Act with royalty-based incentives in any tract located in water depths of 400 meters or more on the outer Continental Shelf. Amends the Energy Policy Act of 2005 to repeal royalty relief (suspension of royalties) for deep water oil and gas production in the Western and Central Planning Area of the Gulf of Mexico (including the portion of the Eastern Planning Area encompassing whole lease blocks lying west of 87 degrees, 30 minutes West longitude). Amends the Outer Continental Shelf Lands Act to prohibit the Secretary from reducing or eliminating any royalty or net profit share for any lease or unit located in water depths of 400 meters or more on the outer Continental Shelf.

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Timeline

1. 28 June 2010

   Introduced

   Sponsor introductory remarks on measure. (CR S5492-5493)

   Source: IntroReferral

2. 28 June 2010

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 28 June 2010

   Introduced

   Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S5493)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 28 June 2010 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 28 June 2010

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 28 June 2010

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 28 June 2010

  Open at official source

Sponsors

• Sen. Feinstein, Dianne [D-CA] · D · Sponsor
• Rep. Nelson, Bill [D-FL-11] · D · Cosponsor
• · sseg00 · Standing

Related records

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