Amends and adds to existing law to require that when payment is made to any owner of a royalty interest, certain information shall be included on the payor”s check stub or on an attachment; to provide that royalties shall not be reduced by costs; to revise confidentiality provisions; to provide for disclosure of certain records; to provide for metering of production and for custody transfer meters; to provide for the registration of all persons engaged in meter proving or testing and to provide for qualification; to provide for the testing of meters and to provide for variances; to provide requirements regarding the commingling of production; to provide for orders regarding spacing units and to provide for temporary spacing units; to revise application for integration order provisions; to remove an exception to requirements regarding good faith efforts to inform uncommitted owners of an intent to develop mineral resources in a proposed spacing unit; to remove certain redaction and mailing requirements; and to provide for civil penalties for violation of orders.
OIL AND GAS -- Amends and adds to existing law to require that when payment is made to any owner of a royalty interest, certain information shall be included on the payor”s check stub or on an attachment; to provide that royalties shall not be reduced by costs; to revise confidentiality provisions; to provide for disclosure of certain records; to provide for metering of production and for custody transfer meters; to provide for the registration of all persons engaged in meter proving or testing and to provide for qualification; to provide for the testing of meters and to provide for variances; to provide requirements regarding the commingling of production; to provide for orders regarding spacing units and to provide for temporary spacing units; to revise application for integration order provisions; to remove an exception to requirements regarding good faith efforts to inform uncommitted owners of an intent to develop mineral resources in a proposed spacing unit; to remove certain redaction and mailing requirements; and to provide for civil penalties for violation of orders.
STATEMENT OF PURPOSE
This bill adds to and updates the current statutes regarding oil and gas to align with industry standards and increase transparency in production and development. The bill amends Chapter 3, Title 47, Idaho code, by the addition of a new section to require that when payment is made to any owner of a royalty interest, certain information shall be included on the payor's check stub or on an attachment to the form of payment and to define royalty payments; revises confidentiality provisions; clarifies metering requirements and responsibilities; defines a statewide spacing size; prohibits co-mingling of production without prior metering; revises application for integration order provisions, to remove an exception to requirements regarding good faith efforts to inform uncommitted owners of an intent to develop mineral resources in a proposed spacing unit and to revise confidentiality provisions; adds definitions and updates outdated language in the statute.
LATEST ACTION
Reported Printed; referred to Resources & Environment
BILL INFO
- Session
- 2017
- Chamber
- senate
- Status date
- Feb 13, 2017