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OK SB132
Bill
AI Summary
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Operators of gas wells idle for 20+ years must reduce idle wells by 25% by July 1, 2028, by 50% by July 1, 2031, and plug or produce from all remaining idle wells by July 1, 2035
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Gas wells idle for less than 20 years must be plugged or returned to production within 10 years of the act's effective date
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"Idle gas well" defined as a gas well with no commercial production (no natural gas sales) for the preceding 10 years and no reasonable case for future use
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Exceptions may be granted by the Corporation Commission for wells with demonstrated future use, including production, injection, carbon storage, or geothermal energy generation
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Plugging deadlines remain in effect regardless of sale, lease, or transfer of the idle well to a new operator
Legislative Description
Corporation Commission; clarifying jurisdiction of Corporation Commission; directing operators of idle gas wells to plug or produce from certain wells by certain time. Emergency.
Last Action
Becomes law without Governor's signature 05/29/2025
5/29/2025