Monday, October 24, 2011

Prospects Unlikely For Marcellus Special Session In November

Legislators developing a proposed Marcellus regulatory bill still are attempting to reach consensus on a number of key issues, including a new permit fee on horizontal drilling. As a result, the outlook for a special session in November seems to be fading.

Members of the special Marcellus legislative study committee had hoped to complete their work in time so a special session could be called in November...possibly as part of the November interim meetings (Nov. 13-15). However, during the November interims the special committee is expected to continue work on its proposed bill. And, any final proposal will need to be provided to Governor Earl Ray Tomblin for his consideration. The governor has stated he won't call a special session until an agreed bill is ready, and there must be consensus on key provisions.

Industry groups and horizontal producers have expressed concerns about a number of new provisions that have been adopted in the past couple of months by the special committee. LGCR is closely monitoring the deliberations.

Click to read related news commentary in the October 23 edition of The Herald-Dispatch.