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HR 3140 114th Congress House Energy Energy efficiency and conservation Energy revenues and royalties Government information and archives Oil and gas

AMPLE Oil and Gas Royalties Act

Introduced: July 21, 2015 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 4, 2015
Referred to the Subcommittee on Energy and Mineral Resources.
Jul 21, 2015
Referred to the House Committee on Natural Resources.
Jul 21, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Accounting for Methane in Production through Loophole Elimination with Oil and Gas Royalties or the AMPLE Oil and Gas Royalties Act

This bill amends the Federal Oil and Gas Royalty Management Act of 1982 to require, with respect to federal oil and gas leases, a lessee or its designee of a lease in a unit or communitization agreement that contains only federal leases with the same royalty rate and funds distribution, or a lessee or its designee of a lease that is not contained in a unit or communitization agreement, to report and pay royalties on oil and gas production each month based on the actual volume of oil and gas withdrawn from the reservoir by or on behalf of that lessee, including all oil and gas not sold by or on behalf of that lessee. (Currently, such lessees pay royalties on oil and gas production based on only the actual volume of production sold by or on behalf of that lessee.)

"Oil and gas withdrawn from the reservoir" is defined as any oil and gas that is produced, sold, vented, flared, used for beneficial purposes, leaked, or otherwise emitted during production.

What's happening now August 4, 2015

Referred to the Subcommittee on Energy and Mineral Resources.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1