A bill for an act relating to oil and gas production, including filing requirements, the authority of the department of natural resources, confidential information, pooling orders, negotiation of surface damage, imposition and distribution of a tax, and jurisdiction, and providing civil penalties.

Summary

The bill requires oil and gas operators to file annual information with the Department of Natural Resources, imposes a 6% severance tax on extracted resources, and directs how the tax revenue is divided among counties, a road fund, and water‑quality projects. It also sets rules for confidential data, pooling of wells, surface‑damage negotiations, and gives the state exclusive authority over oil‑and‑gas regulation.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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