Mineral Leasing Act Revision of 2001 - Amends the Mineral Leasing Act to exempt an oil or gas lease from the statutory acreage limitation if it is a lease: (1) for which certain royalty has either been paid or waived by the Secretary of the Interior; or (2) that has been committed to a federally approved cooperative plan, unit plan, or communitization agreement.
States that the lease limitations of the Mineral Leasing Act shall apply separately to land leased under the Mineral Leasing Act for Acquired Lands.
Actions
Dec 12, 2001
Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S13053)
Dec 12, 2001
Sponsor introductory remarks on measure. (CR S13052)