OK HB1395

Declares that drilling, completing, fracture stimulating, and operations of oil and gas wells and produced water disposal wells are matters of statewide importance regulated primarily by the state and Corporation Commission.

Prohibits municipalities, counties, and other governmental subdivisions from enacting laws that effectively ban or prohibit oil and gas drilling, completing, fracture stimulating, or operations without Corporation Commission approval.

Allows municipalities, counties, and other governmental subdivisions to enact reasonable local laws relating to oil and gas operations if consistent with state law and Corporation Commission regulations, including reasonable setbacks for surface operations to protect health, safety, and welfare.

Grants the Corporation Commission authority to determine whether local laws, ordinances, rules, or regulations are reasonable and consistent with state law, with power to void any found to be unreasonable or inconsistent.

Repeals 52 O.S. 2011, Section 137 regarding city and town powers to regulate oil and gas drilling or production, and declares an emergency effective upon passage and approval.