Congressman Wesley Hunt Introduces The Royalty Resiliency Act
February 16, 2024
February 16, 2024
WASHINGTON, Feb. 16 -- Rep. Wesley Hunt, R-Texas, issued the following news release on Feb. 15, 2024:
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Today, Congressman Wesley Hunt Introduced the Royalty Resiliency Act - 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.
Currently, until a communization agreement (CA) is approved by DOI the lessee is mandated by ONRR to pay the Federal Government a . . .
* * *
Today, Congressman Wesley Hunt Introduced the Royalty Resiliency Act - 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.
Currently, until a communization agreement (CA) is approved by DOI the lessee is mandated by ONRR to pay the Federal Government a . . .