Oil and gas production; requiring the Corporation Commission to levy certain fees. Effective date.
Second Reading referred to Energy Committee then to Appropriations Committee
Summary
The bill directs Oklahoma's Corporation Commission to charge operators a $25‑per‑acre surface impact fee for agricultural land disturbed by oil and gas activities, and a $0.01‑per‑barrel fee on produced water. Operators can earn credits for using best environmental practices, and the collected fees feed a new revolving fund to support water testing, land restoration, well plugging, and recycling research.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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