OK HB1369

Category A surety (financial statement showing $50,000 net worth) will no longer be accepted for new oil and gas well operators beginning November 1, 2025, though existing operators in good standing may retain it

Category B surety requirements are restructured into tiers based on number of wells operated: $25,000 for 1-10 wells, $50,000 for 11-50 wells, $100,000 for 51-100 wells, and $150,000 for more than 100 wells

Maximum Category B surety amount the Commission may require for cause (pollution or improper plugging) increases from $100,000 to $150,000

Operators with fines of $2,000 or more who fail to pay within the specified time must post Category B surety within 30 days of Commission notification

Effective date: November 1, 2025