Iowa HSB740 establishes duties for oil and gas operators, including notice requirements, surface use agreements, and compensation for damages.

Iowa HSB740, known as the Iowa Surface Owners Protection Act, mandates that oil and gas operators provide notice to surface owners before conducting operations. The notice must include details about the planned operations, a copy of the Act, and a proposed surface use and compensation agreement. The agreement must address issues such as well pad placement, ingress and egress terms, and equipment maintenance. If the surface owner rejects the proposed agreement, the operator may enter the property but must compensate the owner for damages.

Iowa HSB740 establishes duties for oil and gas operators, including notice requirements, surface use agreements, and compensation for damages.

Iowa HSB740, known as the Iowa Surface Owners Protection Act, mandates that oil and gas operators provide notice to surface owners before conducting operations. The notice must include details about the planned operations, a copy of the Act, and a proposed surface use and compensation agreement. The agreement must address issues such as well pad placement, ingress and egress terms, and equipment maintenance. If the surface owner rejects the proposed agreement, the operator may enter the property but must compensate the owner for damages.