Senate Committee Considers Oil And Gas Well Royalty Bills March 11

The Senate Environmental Resources and Energy Committee is scheduled to consider a three bill package on the issue of calculating oil and gas well royalties and other legislation at a meeting on March 11.  The bills include--

-- Senate Bill 1236 (Yaw-R-Lycoming) authorizing royalty interest owners of oil and gas wells to inspect records of gas companies to verify proper payments-- sponsor summary;

-- Senate Bill 1237 (Yaw-R-Lycoming) prohibiting gas companies from retaliating against royalty interest owners of oil and gas wells by terminating their lease agreement-- sponsor summary;

-- Senate Bill 1238 (Yaw-R-Lycoming) requiring gas companies to fill a satisfaction piece in the county Recorder of Deeds office when oil and gas leases are terminated-- sponsor summary;

-- Senate Bill 1155 (Scarnati-R-Jefferson) establishing an Aggregate Advisory Board at DEP-- sponsor summary; and

-- Senate Bill 1254 (Yudichak-D-Luzerne) changing the definition of “lead free” under the Plumbing System Lead Ban and Notification Act to conform to federal requirements-- sponsor summary.

The meeting will be held in Room 8E-B East Wing, Capitol Building starting at 9:30.

Sen. Gene Yaw (R-Lycoming) serves as Majority Chair and Sen. John Yudichak (D-Luzerne) serves as Minority Chair.

NewsClips:

Lt. Gov Candidates Clash On Drilling

Lt. Gov Cawley: Chesapeake Energy Royalty Practices Are Egregious

Chesapeake Energy’s Pattern Of Royalty Payment Disputes


3/10/2014

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