Thursday, February 20, 2014

Drilling Unitization Bill To Die In House Committee

Horizontal producers likely will have be wait another year to get a drilling unitization law enacted by the West Virginia Legislature.  Yesterday the House Energy Committee adjourned without taking any action on H.B. 4558, the proposed fair pooling act that was developed jointly by WVONGA and IOGA.  The committee had received a full briefing on the provisions of the proposal from its staff counsel and had barely gotten into asking questions on various aspects of the bill when the chairman announced that, because there was a meeting of a major committee (Health), he was obligated to adjourn his meeting.  There were numerous members of the committee who wanted to ask questions, and there were already seven amendments that had filed with the chairman.  However, due to the lateness of the current 60-day session and other procedural rules, H.B. 4588 is not expected to receive further consideration.