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Streamlining Oil and Gas Drilling Permits on Lands with Minor Federal Mineral Ownership.

This law speeds up the permitting process for oil and gas drilling. Companies will no longer need a federal drilling permit if the Federal Government owns less than 50% of the minerals in the drilling unit and does not own the surface land. This aims to reduce regulatory delays while ensuring that state or tribal regulations and federal royalty payments remain in effect.
Key points
Eliminates the need for a federal permit to drill when the Federal Government owns less than half of the minerals and not the surface land.
Drilling operations must still comply with all State or Tribal regulations.
Federal royalty payments owed from mineral extraction remain unchanged, and the rules do not apply to Indian lands.
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Additional Information
Print number: 118_S_535
Sponsor: Sen. Hoeven, John [R-ND]
Process start date: 2023-02-27