A bill to authorize the Secretary of the Interior to take actions to implement the Agreement between the United States of America and the United Mexican States Concerning Transboundary Hydrocarbon Reservoirs in the Gulf of Mexico.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Approves the Agreement between the United States of America and the United Mexican States Concerning Transboundary Hydrocarbon Reservoirs in the Gulf of Mexico.
Authorizes the Secretary of the Interior to implement the Agreement's terms, including: (1) approving unitization agreements and related arrangements for the exploration of, and development or production of oil or gas from, transboundary reservoirs and geological structures; (2) disclosing information, as necessary, regarding exploration, development, and production of a transboundary reservoir or geological structure that may be considered confidential, privileged, or proprietary information under law; and (3) accepting and taking action not inconsistent with an expert determination under the Agreement.
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