The Senate Environmental Resources and Energy Committee is scheduled to meet January 24 on two bills introduced by Majority Chair Sen. Gene Yaw (R-Lycoming) to reform the way oil and natural gas royalties consider post-production costs. The bills include--
-- Senate Bill 138 (Yaw-R-Lycoming) further providing for the calculation of proceeds paid to interest owners (sponsor summary); and
-- Senate Bill 139 (Yaw-R-Lycoming) establishes the Natural Gas Lease Anti-Retaliation Act (sponsor summary).
The meeting will be held in Room 461 Capitol Building starting at 10:30.
Sen. Gene Yaw (R-Lycoming) serves as Majority Chair of the Senate Environmental Committee and can be contacted by sending email to: gyaw@pasen.gov. Sen. John Yudichak (D-Luzerne) serves as Minority Chair and can be contacted by sending email to: yudichak@pasenate.com.
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