Oklahoma SB1474 mandates fees for oil and gas operations, creating a fund for water and agricultural protection.
Oklahoma SB1474 requires the Corporation Commission to impose fees on oil and gas production. It mandates a $25 annual surface impact fee per acre for surface disturbances on agricultural land and a $0.01 per barrel fee for produced water. Operators can receive credits for recycling or reusing produced water and implementing best environmental practices. The collected fees fund the Water and Agricultural Protection Revolving Fund, used for groundwater testing, soil restoration, and other environmental protections.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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