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OK HB1959

Bill

Official Source

Status

Introduced

2/2/2015

Primary Sponsor

Weldon Watson

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Amends 52 O.S. 2011, Section 87.7 regarding Corporation Commission jurisdiction under the 2011 Shale Reservoir Development Act
  • Updates statutory references from "Section 4" to "Section 87.8" and "Section 5" to "Section 87.9" for multiunit horizontal well and horizontal well unitization requirements
  • Maintains Corporation Commission authority to permit drilling, completing, and producing of multiunit horizontal wells upon proper application if waste prevention and correlative rights protection are established
  • Maintains Corporation Commission authority to create horizontal well unitization upon proper application under the same waste prevention and correlative rights protection standards
  • Effective date: November 1, 2015

Legislative Description

Oil and gas; updating statutory references relating to the Corporation Commission jurisdiction under 2011 Shale Reservoir Development Act; effective date.

Oil and Gas

Last Action

Second Reading referred to Rules

2/3/2015

Committee Referrals

Rules2/3/2015

Full Bill Text

No bill text available