Sec. 374. LIVINGSTON PARISH MINERAL RIGHTS TRANSFER
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## SEC. 374 LIVINGSTON PARISH MINERAL RIGHTS TRANSFER Section 102 of Public Law 102–562 (106 Stat. 4234) is amended by striking subsection
(b)and inserting the following: > > ### “(b) Reservation of Oil and Gas Rights and Conveyance of Remaining Mineral Rights > > Subject to the limitations set forth in subsection (c), the United States hereby excepts and reserves from the provisions of subsection (a), all rights to oil and gas underlying such lands, along with the right to explore for, and produce the oil and gas under applicable law and such regulations as the Secretary of the Interior may prescribe. Not later than 180 days after the date of enactment of the Energy Policy Act of 2005, the Secretary of the Interior shall convey the remaining mineral rights to the parties who as of the date of enactment of the Energy Policy Act of 2005 would be recognized as holders of a right, title, or interest to any portion of such minerals under the laws of the State of Louisiana, but for the interest of the United States in such minerals. > > > ### “(c) Oil and Gas Resource Assessment and Report > > The United States Geological Survey shall conduct a resource assessment and publish a report of the findings of such resource assessment (‘USGS Assessment and Report’) within 1 year of the date of enactment of the Energy Policy Act of 2005. The USGS Assessment and Report shall provide an assessment of all oil and gas resources underlying the certain lands in Livingston Parish, Louisiana, as described in section 103 (the ‘Livingston Parish lands’). Upon a finding by the Secretary of the Interior based upon the USGS Assessment and Report that it is unlikely that economically recoverable oil and gas resources are present, the Secretary shall convey all rights to oil and gas underlying such lands to the recipients, or their successors, heirs, or assigns, of the conveyances under subsection (b). Such further conveyances shall be made within 180 days after a finding by the Secretary that it is unlikely that economically recoverable oil and gas resources are present.” > . ## Subtitle G Miscellaneous
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- Pub. L. 102-562
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