S. 5438

Alaska’s Right to Produce Act 2.0

Sponsor: Dan Sullivan · 0 cosponsors

Follow this bill

Official summary

No official summary yet.

Text of the bill

Expand all
Sec. 6. Coastal plain unit agreements

(a) Unit agreements. Not later than 1 year after the date of enactment of this Act, the Secretary shall promulgate regulations to establish and execute a unit agreement system for the Coastal Plain that is substantially similar to the unit agreement requirements described in section 107(j) of the Naval Petroleum Reserves Production Act of 1976 (42 U.S.C. 6506a(j)), including the need for a public interest determination, production allocation methodology, benefit of operations, and pooling.

(b) Consultation. In making a public interest determination under the unit agreement system established under subsection (a), the Secretary shall consult with—

(1) with respect to the creation or expansion of units that include acreage in which the State of Alaska or a Regional Corporation has an interest in the mineral estate, the State of Alaska or applicable Regional Corporation; and

(2) with respect to land usage that would minimize the impact to surface resources and facilitate consolidation of facilities through shared infrastructure, the North Slope Borough.