On the recordJune 16, 2022
The 800,000 leases--and I know we talked about this before. You can have 800,000 leases, but when you need, then, permits to actually utilize the lease--so you have a lease to go and develop oil, but you need to drill. You need to do seismic. You need to build pipelines, infrastructure to move it. If you don't get those permits to actually utilize the leases, the leases are worthless. That is what H.R. 6858 addresses. We have been raising that issue for a long time. The lease is no good if you can't, then, use the lease.
