Subcommittee on Energy Research, Development, Production and Regulation. Hearings held. With printed Hearing: S.Hrg. 106-192.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Apr 29, 1999
Federal Royalty Certainty Act - Amends the Outer Continental Shelf Lands Act and the Mineral Leasing Act regarding oil and gas leases to provide that royalty payments due: (1) in value shall be based upon the value of oil or gas production at the lease in marketable condition; and (2) in amount shall be based upon the royalty share of production at the lease. Provides that if payments in value or amount are calculated from a point away from the lease the lessee shall be allowed reimbursements at a reasonable commercial rate for certain services beyond the lease through the point of disposition or delivery.
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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