,i #aacth ,,congress #ast ,session ,h4 ,r4 #afac ,,in ,,the ,,house ,,of ,,representatives ,april #ah1 #bjac ,mr4 ,duncan of ,south ,carolina 7for himself1 ,mr4 ,hastings of ,washington1 and ,mr4 ,salmon7 introduced the following bill2 which was referred to the ,committee on ,natural ,resources1 and in addition to the ,committees on ,foreign ,affairs and ,financial ,services1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to amend the ,outer ,continental ,shelf ,lands ,act to provide for the proper ,federal management and oversight of transboundary hydrocarbon reservoirs1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,outer ,continental ,shelf ,transboundary ,hydrocarbon ,agreements ,authorization ,act4 ,i ,amendment to the ,outer ,continental ,shelf ,lands ,act #aja4 ,amendment to the ,outer ,continental ,shelf ,lands ,act ,the ,outer ,continental ,shelf ,lands ,act 7#dc ,u4,s4,c4 #acca et seq47 is amended by adding at the end the following3 #cb4 ,transboundary hydrocarbon agreements 7a7 ,authorization ,the ,secretary may implement the terms of any transboundary hydrocarbon agreement for the management of transboundary hydrocarbon reservoirs entered into by the ,president and approved by ,congress4 ,in implementing such an agreement1 the ,secretary shall protect the interests of the ,united ,states to promote domestic job creation and ensure the expeditious and orderly development and conservation of domestic mineral resources in accordance with all applicable ,united ,states laws governing the exploration1 development1 and production of hydrocarbon resources on the outer ,continental ,shelf4 7b7 ,submission to congress 7#a7 ,in general ,no later than #ahj days after all parties to a transboundary hydrocarbon agreement have agreed to its terms1 a transboundary hydrocarbon agreement that does not constitute a treaty in the judgment of the ,president shall be submitted by the ,secretary to-- 7,a7 the ,speaker of the ,house of ,representatives2 7,b7 the ,majority ,leader of the ,senate2 7,c7 the ,chair of the ,committee on ,natural ,resources of the ,house of ,representatives2 and 7,d7 the ,chair of the ,committee on ,energy and ,natural ,resources of the ,senate4 7#b7 ,contents of submission ,the submission shall include-- 7,a7 any amendments to this ,act or other ,federal law necessary to implement the agreement2 7,b7 an analysis of the economic impacts such an agreement and any amendments necessitated by the agreement will have on domestic exploration1 development1 and production of hydrocarbon resources on the outer ,continental ,shelf2 and 7,c7 a detailed description of any regulations expected to be issued by the ,secretary to implement the agreement4 7c7 ,implementation of specific transboundary agreements 7#a7 ,mexico ,the ,secretary may take actions as necessary to implement the terms of the ,agreement between the ,united ,states of ,america and the ,united ,mexican ,states ,concerning ,transboundary ,hydrocarbon ,reservoirs in the ,gulf of ,mexico1 signed at ,los ,cabos1 ,february #bj1 #bjab1 including-- 7,a7 approving unitization agreements and related agreements for the exploration1 development1 or production of oil and natural gas from transboundary reservoirs or geological structures2 7,b7 making available1 in the limited manner necessary under the agreement and subject to the protections of confidentiality provided by the agreement1 information relating to the exploration1 development1 and production of oil and natural gas from a transboundary reservoir or geological structure that may otherwise be considered confidential1 privileged1 or proprietary information under law2 7,c7 taking actions consistent with an expert determination under the agreement1 provided that the expert determination proceedings were open to the public to the greatest extent practicable2 and 7,d7 ensuring that agents of a foreign government may not stop work or interfere with exploration1 development1 or production activities as approved by the ,secretary4 7#b7 ,canada 7#c7 ,russia 7#d7 ,bahamas 7#e7 ,bermuda 7d7 ,exemption from resources extraction reporting requirement ,actions taken by a public company in accordance with any transboundary hydrocarbon agreement shall not constitute the commercial development of oil1 natural gas1 or minerals for purposes of section #ac7q7 of the ,securities ,exchange ,act of #aicd 7#aeg ,u4,s4,c4 #ghm7q774 7e7 ,savings provisions ,nothing in this section shall be construed-- 7#a7 to authorize the ,secretary to participate in any negotiations1 conferences1 or consultations with ,cuba regarding exploration1 development1 or production of hydrocarbon resources in the ,gulf of ,mexico along the ,united ,states maritime border with ,cuba or the area known by the ,department of the ,interior as the ,eastern ,gap2 or 7#b7 as affecting the sovereign rights and the jurisdiction that the ,united ,states has under international law over the outer ,continental ,shelf which appertains to it4 4 ,,ii ,approval of ,transboundary ,hydrocarbon ,agreement #bja4 ,approval of agreement with ,mexico ,the ,agreement between the ,united ,states of ,america and the ,united ,mexican ,states ,concerning ,transboundary ,hydrocarbon ,reservoirs in the ,gulf of ,mexico1 signed at ,los ,cabos1 ,february #bj1 #bjab1 is hereby approved4