HB3173

Oklahoma HB3173 creates the Well Repurposing Act, allowing oil and gas wells to be repurposed for energy storage.

Oklahoma HB3173 establishes the Well Repurposing Act, which allows oil and gas wells to be converted into facilities for energy storage. The Corporation Commission can authorize these conversions. If a well ceases storage operations for twelve months or more, it must be plugged and abandoned. The act defines terms such as "energy" and "geothermal energy development" and sets an effective date of November 1, 2026.