OK HB1369

Category A surety (net worth of $50,000) will no longer be accepted for new operators beginning November 1, 2025, but existing operators in good standing may retain it indefinitely.

Category B surety amounts are now tiered based on number of operating wells: $25,000 (1-10 wells), $50,000 (11-50 wells), $100,000 (51-100 wells), and $150,000 (101+ wells).

Category B surety can include irrevocable commercial letters of credit, cash, cashier's checks, certificates of deposit, or blanket surety bonds, with a maximum cap of $150,000.

Operators may provide reduced Category B surety if certification shows plugging liability is less than the standard amount, but must cover actual estimated closure and removal costs.

Act becomes effective November 1, 2025.