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NY A09070
Bill
Status
3/15/2010
Primary Sponsor
William Colton
Click for details
AI Summary
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Oil and gas interests in Allegany State Park that have been unused for 20 years immediately prior to this law's effective date are extinguished and revert to the state, unless owners file a statement of claim within 2 years after the law takes effect.
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An oil and gas interest is considered "used" if oil and gas is produced, operations are conducted for injection or storage of fluids, rentals or royalties are paid, the interest is unitized or pooled for production, or taxes are paid on the interest by the owner.
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Within 30 days of the law's effective date, the Office of Parks, Recreation and Historic Preservation must publish notice in three successive issues of three newspapers in Cattaraugus County announcing the law in plain English.
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Owners claiming an oil and gas interest must file a statement of claim with the Cattaraugus County Clerk containing the owner's name and address, land description, and a copy of the instrument creating the interest; co-owners may file jointly.
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The County Clerk shall record statements of claim and notices in a "Dormant Oil and Gas Interest Record" book with marginal notations on the original instruments; filing a statement of claim is not evidence of title except for purposes of this section.
Legislative Description
Provides for the lapse of oil and gas and interests located within Allegany state park if unused for 20 years prior to effective date of act unless a statement of claim is filed by the owner prior to the end of the 20 year period or within 2 years of the effective date of the act, whichever is later; provides upon such lapse ownership shall revert to New York state; procedures and definitions.
Last Action
RECOMMITTED TO RULES
7/1/2010