Kern County royalty owners raise concerns over California’s oil setback law
Royalty owners are urging Kern County leaders to provide advance notice of certain land-use decisions, arguing Senate Bill 1137 could limit oil production and affect mineral rights. California's Senate Bill 1137, which allows a 3,200-foot setback between oil and gas wells and sensitive locations, is raising concerns about the future of oil production, property rights and new housing. Royalty owners, who earn a share of oil and natural gas revenue without paying drilling or operating costs, argue that the restrictions could limit production from existing wells. The National Association of Royalty Owners is urging Kern County to provide affected mineral-rights owners with at least 60 days’ written notice before certain land-use decisions are approved, arguing this would give them an opportunity to object or pursue legal options if a decision could affect their mineral rights. Supporters of the setback law argue it is necessary to reduce health risks near oil and gaming operations.
نشرت : منذ 8 ساعات بواسطة Ruby Rivera في Business Politics Environment
BAKERSFIELD, Calif. (KERO) — Oil rigs across Kern County are a reminder of the major role energy plays in everyday life. But now, California’s Senate Bill 1137 is raising questions about the future of... [3511 symbols]
المواضيع: Energy Sector
