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OK HB2704
Bill
Status
2/3/2014
Primary Sponsor
Skye McNiel
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AI Summary
HB 2704 Summary
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Changes notice period for seismic exploration from 15 days to 30 days prior to commencement, requiring operators to notify surface owners by U.S. mail
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Modifies the Corporation Commission's authority to establish a formal complaint process to investigate and resolve complaints against seismic exploration operators
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Removes provision that caused surface owners to forfeit damages if a lawsuit is dismissed (other than by settlement) prior to judgment entry
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Clarifies that prevailing party status in damages disputes is determined by whether judgment exceeds or equals the operator's initial offer, with prevailing party entitled to recover attorney fees and litigation costs
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Declares an emergency, making the act effective immediately upon passage and approval
Legislative Description
Oil and gas; making certain modifications to the Seismic Exploration Regulation Act; emergency.
Oil and Gas
Last Action
Second Reading referred to Energy and Aerospace
2/4/2014