Amends the Mineral Leasing Act to permit, upon the leaseholder's election, noncompetitive continuation of certain oil or gas leases on lands in which the United States held a vested future interest in the mineral estate which has become a vested present interest in it. Requires that: (1) oil or gas was being produced before the present mineral interest vested in the United States; and (2) such lease issued without competitive bidding.
Reported (Amended) by the Committee on Agriculture. H. Rept. 102-1039, Part I.
Introduced in House
Introduced in House
Referred to the House Committee on Interior and Insular Affairs.
Referred to the Subcommittee on Mining and Natural Resources.
Subcommittee Hearings Held.
Forwarded by Subcommittee to Full Committee (Amended).
Subcommittee Consideration and Mark-up Session Held.
See H.R.776.
See H.R.4899.
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