WV SB576 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Engrossed on March 29 2017 - 50% progression, died in committee
Action: 2017-03-31 - To House Energy
Pending: House Energy Committee
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on March 29 2017 - 50% progression, died in committee
Action: 2017-03-31 - To House Energy
Pending: House Energy Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
The purpose of this bill is to provide an exception to waste for certain oil and gas development, and to encourage the efficient and economic development of oil and gas resources by providing that a lawful use of mineral property that has been consented to by two thirds of the mineral interest owners is permissible, is not waste, and is not a trespass. The bill provides that cotenants are not liable for damages for the use of their mineral property when an accounting is provided and the prorata share of revenues and costs are distributed to each consenting cotenant or reserved for unknown or unlocatable tenants. The bill also provides for an acreage weighted average royalty interest, free of post-production expenses, to each nonconsenting cotenant. The bill prevents waste by authorizing the development by horizontal drilling of multiple adjacent leases held by the same operator provided that the operator has a surface use agreement with all surface owners whose tracts may be disturbed by joint development. The bill also addresses the manner by which royalties are distributed to owners affected by joint development, and provides that the royalties may not be reduced by post-production expenses. Finally, the bill provides its provisions are severable.
Title
Providing exception to waste for certain oil and gas development
Sponsors
Roll Calls
2017-03-29 - Senate - Passed Senate with amended title (Roll No. 282) (Y: 19 N: 14 NV: 0 Abs: 1) [PASS]
2017-03-29 - Senate - Romano Floor amendments #1 rejected (Roll No. 281) (Y: 10 N: 23 NV: 0 Abs: 1) [FAIL]
2017-03-29 - Senate - Romano Floor amendment #4 rejected (Roll No. 280) (Y: 14 N: 19 NV: 0 Abs: 1) [FAIL]
2017-03-29 - Senate - Romano Floor amendments #1 rejected (Roll No. 281) (Y: 10 N: 23 NV: 0 Abs: 1) [FAIL]
2017-03-29 - Senate - Romano Floor amendment #4 rejected (Roll No. 280) (Y: 14 N: 19 NV: 0 Abs: 1) [FAIL]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-31 | House | To House Energy |
| 2017-03-31 | House | To Energy |
| 2017-03-31 | House | The bill still being in possession of the clerk |
| 2017-03-31 | House | Introduced in House |
| 2017-03-29 | Senate | Ordered to House |
| 2017-03-29 | Senate | Passed Senate with amended title (Roll No. 282) |
| 2017-03-29 | Senate | Read 3rd time |
| 2017-03-29 | Senate | Clements Floor amendment rejected (Voice vote) |
| 2017-03-29 | Senate | Ferns Floor amendment #2 adopted (Voice vote) |
| 2017-03-29 | Senate | Romano Floor amendments #1 rejected (Roll No. 281) |
| 2017-03-29 | Senate | Romano Floor amendment #4 rejected (Roll No. 280) |
| 2017-03-29 | Senate | Romano Floor amendment #3 rejected (Voice vote) |
| 2017-03-29 | Senate | Romano Floor amendment #2 adopted (Voice vote) |
| 2017-03-29 | Senate | Ferns Floor amendment adopted (Voice vote) |
| 2017-03-28 | Senate | Laid over on 3rd reading 3/28/17 with right to amend |
| 2017-03-28 | Senate | Deferred until foot of 2nd reading |
| 2017-03-27 | Senate | Laid over on 3rd reading 3/27/17 with right to amend |
| 2017-03-27 | Senate | On 3rd reading with right to amend |
| 2017-03-25 | Senate | Read 2nd time |
| 2017-03-25 | Senate | On 2nd reading |
| 2017-03-24 | Senate | Read 1st time |
| 2017-03-24 | Senate | Immediate consideration |
| 2017-03-24 | Senate | Committee substitute reported |
| 2017-03-10 | Senate | To Judiciary |
| 2017-03-10 | Senate | Introduced in Senate |
| 2017-03-10 | Senate | To Judiciary |
| 2017-03-10 | Senate | Filed for introduction |
Same As/Similar To
HB3094 (Similar To) 2017-03-14 - To House Energy
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 37 | 7 | 2 | Amended Code | Citation Text |
| 37B | 1 | 1 | New Code | See Bill Text |
| 37B | 1 | 10 | New Code | See Bill Text |
| 37B | 1 | 11 | New Code | See Bill Text |
| 37B | 1 | 2 | New Code | See Bill Text |
| 37B | 1 | 3 | New Code | See Bill Text |
| 37B | 1 | 4 | New Code | See Bill Text |
| 37B | 1 | 5 | New Code | See Bill Text |
| 37B | 1 | 6 | New Code | See Bill Text |
| 37B | 1 | 7 | New Code | See Bill Text |
| 37B | 1 | 8 | New Code | See Bill Text |
| 37B | 1 | 9 | New Code | See Bill Text |
