BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                           Senator Christine Kehoe, Chair


          AB 972 (Butler) - Oil and gas: hydraulic fracturing: moratorium.
          
          Amended: June 28, 2012          Policy Vote: EQ 5-2
          Urgency: No                     Mandate: No
          Hearing Date: August 16, 2012                          
          Consultant: Brendan McCarthy    
          
          SUSPENSE FILE.
          
          
          Bill Summary: AB 972 would prohibit the Division of Oil, Gas, 
          and Geothermal Resources (the Division) from approving a notice 
          to commence drilling of an oil or natural gas well for which 
          hydraulic fracturing will be used, until the Division has 
          adopted regulations governing hydraulic fracturing.


          Fiscal Impact: 
              One-time costs to the Division of about $115,000 (Oil, Gas, 
              and Geothermal Administrative Fund) to adopt regulations.

              Potential delay in state revenues of up to $9 million due 
              to the inability to use hydraulic fracturing on tidelands 
              oil wells owned by the state while the regulations are being 
              developed.

              Potential costs to implement the regulations of about 
              $1million per year. The exact nature of the regulatory 
              requirements that would be imposed by the Division under the 
              bill are unknown, as the bill gives the Division broad 
              authority to adopt comprehensive regulations. Based on 
              recent proposals to regulate hydraulic fracturing in the 
              state, the cost to implement the regulations adopted under 
              the bill would likely be about $1 million  per year (Oil, 
              Gas, and Geothermal Administrative Fund).

          Background: Under current law, operators of oil and gas wells 
          are regulated by the Division of Oil, Gas, and Geothermal 
          Resources (the Division), within the Department of Conservation. 
          Well operators are required to file a notice of intention to 
          commence drilling with the Division before drilling a new well 
          and to report specified information periodically to the 








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          Division. Under federal law, the federal Environmental 
          Protection Agency sets standards for the injection on liquid 
          below ground, except for injections used by well operators to 
          hydraulically fracture rock strata. Under the process of 
          hydraulic fracturing, well operators pump water and a variety of 
          chemicals into wells at very high pressure. This causes cracks 
          to form or grow in the rock strata, allowing more oil or gas to 
          flow into the well and then to the surface.

          Proposed Law: AB 972 would prohibit the Division of Oil, Gas, 
          and Geothermal Resources from approving a notice to commence 
          drilling of an oil or natural gas well for which hydraulic 
          fracturing will be used, until the Division has adopted 
          regulations governing hydraulic fracturing.

          Related Legislation: 
              SB 1054 (Pavley) would require disclosure to neighbors when 
              hydraulic fracturing takes place. That bill failed passage 
              on the Senate Floor.
              AB 591 (Wieckowski) requires disclosure of hydraulic 
              fracturing activities and chemicals used. That bill is on 
              this committee's Suspense File.

          Staff Comments: According to the Administration, the Division is 
          in the process of developing regulations for hydraulic 
          fracturing. At this point, those regulations are not public. 

          Under current law, the public trust doctrine holds that tide and 
          submerged lands and the beds of lakes, streams, and other 
          navigable waterways are "public trust lands" held by the state 
          for the benefit of the people of California.  These lands are to 
          promote the public's interest in water or water-dependent 
          activities such as commerce, navigation, fisheries, 
          environmental preservation and recreation. The State Lands 
          Commission is the steward of the state's public trust lands. 

          In the Los Angeles/Long Beach harbor area, there are significant 
          oil reserves located under tidelands. The State Lands Commission 
          has entered into agreements with oil production companies to 
          develop those resources. The state and the contracted producer 
          share the profits from those agreements, with state revenues 
          being deposited in the General Fund. The Commission indicates 
          that there are a small number of wells in this area that for 
          which a technique that could be considered hydraulic fracturing 








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          is proposed to be used. Thus, it is possible that the operator 
          of those wells would have to delay their development until the 
          regulations are developed. The projected revenues to the state 
          from those wells is about $9 million per year.