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LA HB637
Bill
Status
2/27/2026
Primary Sponsor
Jacob Landry
Click for details
AI Summary
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Replaces the current formula for calculating oilfield site restoration (OSR) fees on reduced rate production wells with fixed percentage rates tied to full rate production fees
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Sets OSR fees for certified incapable oil wells at 50% of the full rate oil production fee
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Sets OSR fees for stripper oil wells at 25% of the full rate oil production fee
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Sets OSR fees for gas from low pressure oil wells at 40% of the full rate gas production fee, and for incapable gas wells at 17.5% of the full rate gas production fee
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Effective July 1, 2026
Legislative Description
Provides for oilfield site restoration fees
ENERGY/OIL & GAS
Last Action
Read by title, under the rules, referred to the Committee on Natural Resources and Environment.
3/9/2026