[Congressional Record Volume 170, Number 118 (Monday, July 22, 2024)]
[House]
[Pages H4650-H4651]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1615
ROYALTY RESILIENCY ACT
Mr. WESTERMAN. Mr. Speaker, I move to suspend the rules and pass the
bill (H.R. 7377) to amend the Federal Oil and Gas Royalty Management
Act of 1982 to improve the management of royalties from oil and gas
leases, and for other purposes, as amended.
The Clerk read the title of the bill.
The text of the bill is as follows:
H.R. 7377
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Royalty Resiliency Act''.
SEC. 2. DETERMINATION OF ALLOCATIONS OF PRODUCTION FOR UNITS
AND COMMUNITIZATION AGREEMENTS.
Section 111(j) of the Federal Oil and Gas Royalty
Management Act of 1982 (30 U.S.C. 1721(j)), as amended by the
Federal Oil and Gas Royalty Simplification and Fairness Act
of 1996 (Public Law 104-185), is amended to read as follows:
``(j) The Secretary shall issue all determinations of
allocations of production for units and communitization
agreements within 120 days of a request for determination.
Until the Secretary issues the determination, the lessee or
its designee of a lease in a unit or communitization
agreement shall report and pay royalties on oil and gas
production for each production month in accordance with the
terms of the proposed allocation of production for the unit
or communitization agreement. After the Secretary issues the
determination, the lessee or its designee shall, as
necessary, correct such reports and the amount of royalties
paid on oil and gas production under the unit or
communitization agreement by not later than the end of the
third month following the month in which the lessee or its
designee receives the determination from the Secretary.
Subject to the full and timely monthly payment of royalties
to all parties in accordance with the terms of the proposed
allocation of production for the unit or communitization
agreement, the Secretary shall waive interest due on
obligations subject to the determination until the end of the
third month following the month in which the lessee or its
designee receives the determination from the Secretary. This
subsection shall not apply to unit or communization
agreements containing Indian lands.''.
The SPEAKER pro tempore. Pursuant to the rule, the gentleman from
Arkansas (Mr. Westerman) and the gentlewoman from New Mexico (Ms. Leger
Fernandez) each will control 20 minutes.
The Chair recognizes the gentleman from Arkansas.
General Leave
Mr. WESTERMAN. Mr. Speaker, I ask unanimous consent that all Members
have 5 legislative days to revise and extend their remarks and to
include extraneous material on H.R. 7377, the bill now under
consideration.
The SPEAKER pro tempore. Is there objection to the request of the
gentleman from Arkansas?
There was no objection.
Mr. WESTERMAN. Mr. Speaker, I yield myself such time as I may
consume.
Mr. Speaker, I rise today in support of H.R. 7377, the Royalty
Resiliency Act. H.R. 7377, introduced by Congressman Hunt, addresses
issues in existing law with respect to how oil and gas royalties are
paid to the Federal Government.
When an oil and gas project involving a Federal lease cannot be
independently developed because of other State or private assets, the
Bureau of Land Management utilizes communitization agreements, or CAs.
Although the BLM is required by law to approve CAs within 120 days of
receipt, the agency has failed to meet this standard, with operators
experiencing wait times of up to 3 years.
Currently, the Office of Natural Resources Revenue, often referred to
as ONRR, requires oil and gas operators to pay a 100 percent royalty
for projects all while they await BLM approval of a CA, even if only a
fraction of their project involves Federal lands or minerals. As a
result, many operators end up significantly overpaying royalties while
they wait years for BLM approval.
This bill provides a commonsense fix that would allow operators to
pay a royalty to ONRR that is based on the apportionment in their
proposed CA.
This bill would not reduce the obligation owed by companies but would
prevent overpayments that unnecessarily lock up capital and create a
bureaucratic mess for the Department of the Interior. Furthermore, in
the rare case that a proposed royalty is found to be incorrect when a
CA is approved, the bill requires the lessee to pay the government
within 3 months.
I would also like to note that the Committee on Natural Resources
worked with the BLM to finalize this bill, and it is supported by the
Department of the Interior.
This bill will benefit operators as well as Federal and State
Governments while ensuring a fair and more predictable regulatory
environment.
Mr. Speaker, I urge my colleagues to join me in support of H.R. 7377,
and I reserve the balance of my time.
Ms. LEGER FERNANDEZ. Mr. Speaker, I yield myself such time as I may
consume.
Mr. Speaker, I rise to join my colleague, Chairman Westerman, in
support of H.R. 7377, the Royalty Resiliency Act, sponsored by my
colleague, Representative Hunt.
I have to say that not many oil and gas bills can make it through the
Natural Resources Committee by unanimous consent and to the floor on
suspension, so I commend my colleague for working on this reasonable,
technical fix that has the support of the Biden administration.
This represents how we should, in fact, get things done, where we
come together, where we work things out, and where we include the BLM
so that we understand how to get the technical fix done.
As noted, under current law, oil and gas lessees who are on land that
is partially Federally owned and partially owned by the State or
private owners need to get a communitization agreement, or CA, approved
by the Department of the Interior, which outlines how much of the
royalty payments should be paid to each landowner.
While a lessee is waiting for approval on that CA from the Department
of the Interior, they pay 100 percent of the royalties to the Federal
Government, even in cases where the Federal Government does not own 100
percent of the land.
When the CA is finally approved, then the State or private landowners
get reimbursed for their share of the
[[Page H4651]]
royalty payments. However, some Bureau of Land Management field offices
are so understaffed right now that they have reportedly taken 800 days,
in some cases, to approve a CA, resulting in a delay or loss of
royalties to States who rightfully deserve those funds.
For an example, in New Mexico, we have hundreds of oil and gas
lessees on Federal lands and State lands. Many of those are in my
district in the San Juan and Permian Basin. Indeed, 54 percent of
production in New Mexico impacts Federal land. This bill represents a
technical fix that would make sure that royalties flow to the State of
New Mexico or the State of Colorado or the Dakotas or Texas or the many
other places where we have these shared land ownership arrangements,
because do you know what, Mr. Speaker?
Our schools and our schoolchildren need that money to flow to them as
quickly as possible.
Under the bill, rather than paying 100 percent to the Federal
Government while waiting approval, a lessee would pay royalties to each
landowner in accordance with the lessee's proposal. If that proposal
proves to be wrong, the lessee is then required to backpay any missing
royalty revenue.
While I believe we need to work together to find an off-ramp for
States and communities that are overly dependent on fossil fuel revenue
and we need to work on diversifying our economies, this legislation is
straightforward and commonsense.
Mr. Speaker, I support the bill. I urge my colleagues to support the
bill, and I reserve the balance of my time.
Mr. WESTERMAN. Mr. Speaker, I yield 5 minutes to the gentleman from
Texas (Mr. Hunt), who is the lead sponsor of the bill.
Mr. HUNT. Mr. Speaker, I rise today in support of my bill, H.R. 7377,
the Royalty Resiliency Act.
This legislation is a commonsense fix to an accounting problem that
has plagued both energy operators and personnel at the Department of
the Interior for years.
Due to a myriad of reasons, including staff shortages and burdensome
oversight, the BLM has encountered significant delays in approving
communitization agreements, costing both the Federal Government and
private industry billions of dollars.
Ensuring the Department of the Interior completes CAs in a timely
fashion is something my office and the administration are continuing to
work on, but this piece of legislation fixes an erroneous accounting
issue that has been plaguing the Department of the Interior.
We all know that the Federal Government is not the best at returning
your money, and the Department of the Interior realizes that timely and
accurate royalty allocations are not only good for development but,
more importantly, are the fairest way of conducting business.
That is why during a March 6, 2024, House of Representatives Natural
Resources Committee hearing, Benjamin Gruber, Deputy Assistant Director
for Energy, Minerals, and Realty Management supported my legislation.
Mr. Gruber stated: ``The department recognizes the importance of
timely approval of units and CAs and supports H.R. 7377.''
I would also like to take a moment to recognize and thank my team on
Natural Resources along with Eric Haley, who is on my staff.
Ms. LEGER FERNANDEZ. Mr. Speaker, during the Biden administration, we
have had historic oil and gas production with many more leases coming
online, and so this kind of legislation is precisely needed to make
sure that we get the royalty revenues to where they should go,
especially with all of the new leases that have come on.
Mr. Speaker, I have no further requests for time, and I am prepared
to close. I urge my colleagues to support the legislation, and I yield
back the balance of my time.
Mr. WESTERMAN. Mr. Speaker, I thank my colleague from Texas (Mr.
Hunt) for his work on the bill. H.R. 7377 will provide regulatory
certainty and fairness in royalty management. I also thank the minority
for their cooperation in passing this commonsense bill.
Mr. Speaker, I urge my colleagues to join us in supporting H.R. 7377,
and I yield back the balance of my time.
The SPEAKER pro tempore. The question is on the motion offered by the
gentleman from Arkansas (Mr. Westerman) that the House suspend the
rules and pass the bill, H.R. 7377, as amended.
The question was taken; and (two-thirds being in the affirmative) the
rules were suspended and the bill, as amended, was passed.
A motion to reconsider was laid on the table.
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