Page:United States Statutes at Large Volume 119.djvu/725

 PUBLIC LAW 109–58—AUG. 8, 2005

119 STAT. 707

Interest Lands Conservation Act (16 U.S.C. 3101 et seq.)) in the judgment of the Secretary it is necessary to do so to promote development, or whenever in the judgment of the Secretary the leases cannot be successfully operated under the terms provided therein. ‘‘(B) APPLICABILITY.—This paragraph applies to a lease that is in effect on or after the date of enactment of the Energy Policy Act of 2005.’’; (12) by striking ‘‘The Secretary is authorized to’’ and inserting the following: ‘‘(2) SUSPENSION OF OPERATIONS AND PRODUCTION.—The Secretary may’’; (13) by striking ‘‘In the event’’ and inserting the following: ‘‘(3) SUSPENSION OF PAYMENTS.—If’’; (14) by striking ‘‘thereto; and (11) all’’ and inserting ‘‘to the lease. ‘‘(l) RECEIPTS.—All’’; (15) by redesignating subparagraphs (A), (B), and (C) as paragraphs (1), (2), and (3), respectively; (16) by striking ‘‘Any agency’’ and inserting the following: ‘‘(m) EXPLORATIONS.—Any agency’’; (17) by striking ‘‘Any action’’ and inserting the following: ‘‘(n) ENVIRONMENTAL IMPACT STATEMENTS.— ‘‘(1) JUDICIAL REVIEW.—Any action’’; (18) by striking ‘‘The detailed’’ and inserting the following: ‘‘(2) INITIAL LEASE SALES.—The detailed’’; (19) by striking ‘‘section 104(b) of the Naval Petroleum Reserves Production Act of 1976 (90 Stat. 304; 42 U.S.C. 6504)’’ and inserting ‘‘section 104(a)’’; and (20) by adding at the end the following: ‘‘(o) REGULATIONS.—As soon as practicable after the date of enactment of the Energy Policy Act of 2005, the Secretary shall issue regulations to implement this section. ‘‘(p) WAIVER OF ADMINISTRATION FOR CONVEYED LANDS.— ‘‘(1) IN GENERAL.—Notwithstanding section 14(g) of the Alaska Native Claims Settlement Act (43 U.S.C. 1613(g))— ‘‘(A) the Secretary of the Interior shall waive administration of any oil and gas lease to the extent that the lease covers any land in the Reserve in which all of the subsurface estate is conveyed to the Arctic Slope Regional Corporation (referred to in this subsection as the ‘Corporation’); ‘‘(B)(i) in a case in which a conveyance of a subsurface estate described in subparagraph (A) does not include all of the land covered by the oil and gas lease, the person that owns the subsurface estate in any particular portion of the land covered by the lease shall be entitled to all of the revenues reserved under the lease as to that portion, including, without limitation, all the royalty payable with respect to oil or gas produced from or allocated to that portion; ‘‘(ii) in a case described in clause (i), the Secretary of the Interior shall— ‘‘(I) segregate the lease into 2 leases, 1 of which shall cover only the subsurface estate conveyed to the Corporation; and

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