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Changes to Oil and Gas Exploration Interest Fees

New rules alter how fees for expressing interest in oil and gas exploration on public lands are assessed. Fees will now be charged whether or not a bid is received, or if a successful bid is made, and expressions of interest will remain active for at least 5 years. These changes could affect the operating costs of energy companies, potentially influencing energy prices for citizens.
Key points
A fee for expressing interest in oil or gas exploration will be charged even if no bids are received for the land.
If the land is successfully bid on, the fee for the expression of interest will be assessed against the successful bidder.
Expressions of interest will remain active for at least 5 years unless the land is offered at a lease sale.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_678
Sponsor: Rep. Hageman, Harriet M. [R-WY-At Large]
Process start date: 2025-01-23
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Expression of Interest Sensibility Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_678.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-01-23.

What are the main provisions?

Key points include:

  • A fee for expressing interest in oil or gas exploration will be charged even if no bids are received for the land.
  • If the land is successfully bid on, the fee for the expression of interest will be assessed against the successful bidder.
  • Expressions of interest will remain active for at least 5 years unless the land is offered at a lease sale.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Hageman, Harriet M. [R-WY-At Large].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Natural Resources.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Environment Economy