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AK HB220
Bill
Status
3/31/2011
Primary Sponsor
Alberta Gardner
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AI Summary
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Establishes a new chapter (AS 31.20) creating a process for the Commissioner of Natural Resources to facilitate shared use of oil and gas facilities between operators, including negotiation, mediation, and binding arbitration procedures.
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Requires operators seeking access to existing facilities to first negotiate in good faith for at least 6 months before applying to the commissioner for assistance.
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Creates a three-stage dispute resolution process: commissioner-supervised negotiation (up to 180 days), mediation, and binding arbitration if parties cannot reach agreement and shared use serves the state's best interests.
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Allows the commissioner to issue binding orders requiring facility sharing when economically feasible and in Alaska's best interest for maximizing oil and gas resource development and revenue.
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Requires facility owners to report shared-use agreements within 60 days of notice from the commissioner; filed reports are kept confidential.
Legislative Description
Shared Use Of Oil & Gas Facilities
Oil & Gas
Last Action
REFERRED TO RESOURCES
3/31/2011