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Code · BILL · 117th Congress · H.R. 5376 (EAS) — 116 HR 5376 EAS: · Sec. 50263

Sec. 50263. Royalties on all extracted methane

122 words·~1 min read·/bill/117/hr/5376/eas/section-50263

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For all leases issued after the date of enactment of this Act, except as provided in subsection (b), royalties paid for gas produced from Federal land and on the outer Continental Shelf shall be assessed on all gas produced, including all gas that is consumed or lost by venting, flaring, or negligent releases through any equipment during upstream operations. Subsection
(a)shall not apply with respect to— gas vented or flared for not longer than 48 hours in an emergency situation that poses a danger to human health, safety, or the environment; gas used or consumed within the area of the lease, unit, or communitized area for the benefit of the lease, unit, or communitized area; or gas that is unavoidably lost.
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