Thanks, Chair.
Mr. Wall, you expressed some desire, I think, in part of your testimony to have better assessments or to do a better job of cumulative impacts. This is a question that comes up time and again.
The leasing process that you folks go through as an oil and gas company is one at a time. You seek a lease for a play. You say what you're going to do in that part of the area. Then there can be a lease right next door, in the same watershed, within eyesight, but the two leases don't overlap one another. There isn't any kind of a cumulative understanding of what the impacts may be.
That's how the system is designed right now, as we understand it at this committee. Is that right?