Texas SB1150 regulates the plugging of inactive oil and gas wells, sets reporting requirements, and authorizes administrative penalties.

Texas SB1150 amends the Natural Resources Code to mandate the plugging of inactive oil and gas wells under the jurisdiction of the Railroad Commission of Texas. Operators cannot extend deadlines for plugging unless specific conditions are met. The bill requires operators to submit reports to the commission, detailing well status, financial assurance, and compliance plans. The commission must adopt rules considering risk to public safety, well integrity, and regional risk factors.

Texas SB1150 regulates the plugging of inactive oil and gas wells, sets reporting requirements, and authorizes administrative penalties.

Texas SB1150 amends the Natural Resources Code to mandate the plugging of inactive oil and gas wells under the jurisdiction of the Railroad Commission of Texas. Operators cannot extend deadlines for plugging unless specific conditions are met. The bill requires operators to submit reports to the commission, detailing well status, financial assurance, and compliance plans. The commission must adopt rules considering risk to public safety, well integrity, and regional risk factors.