Test Drive Our New Site! We have some improvements in the works that we're excited for you to experience. Click here to try our new, faster, mobile friendly beta site. We will be maintaining our current version of the site thru the end of 2024, so you can switch back as our improvements continue.
Legislation Quick Search
06/20/2024 06:00 AM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20130&cosponId=10800
Share:
Home / House Co-Sponsorship Memoranda

House Co-Sponsorship Memoranda

Subscribe to PaLegis Notifications
NEW!

Subscribe to receive notifications of new Co-Sponsorship Memos circulated

By Member | By Date | Keyword Search


House of Representatives
Session of 2013 - 2014 Regular Session

MEMORANDUM

Posted: January 11, 2013 10:03 AM
From: Representative Tina Pickett
To: All House members
Subject: Recording of Release from Oil and Natural Gas Lease Act (Former HB 2320)
 
In the near future, I plan to reintroduce the Recording of Release from Oil and Natural Gas Lease Act. This legislation will provide a formal method for landowners holding oil and natural gas leases to obtain a release from the lease upon its termination or cancellation. Specifically, this legislation will:
  • Describe a release and its contents
  • Provide that a lessee (an oil or gas development company), shall deliver to a landowner a release not less than 30 days prior to the termination or cancellation of the lease
  • Provide for a process to record the release document
  • Establish a process to address instances where a release is not provided to a landowner

The intent of this legislation is to provide a process for addressing situations where a lease has expired, contains no renewal clause, and the landowner would like to sign a lease with a new natural gas development company. In a number of these instances landowners are being asked for a release before entering into any new lease with a different natural gas development company. The lack of a formal process for addressing this need has led to unnecessary delays which prove to be a significant barrier to a landowner simply attempting to continue to try and develop the natural resources under their property. Similar requirements exist in New York, Kansas, Oklahoma, and Louisiana.

View Attachment


Introduced as HB402