Removes cap on number of wells for which operators must pay annual oversight fees.

West Virginia HB4109 removes the cap on the number of gas and other type wells for which operators are required to pay annual oversight fees. The bill specifies fees based on the average daily gas production, with $25 for wells producing up to 60,000 cubic feet of gas per day, $75 for those producing between 60,000 and 250,000 cubic feet, and $350 for those producing more than 250,000 cubic feet. The bill also outlines duties of the secretary related to oil and gas matters, including supervision, enforcement, and record-keeping.

Removes cap on number of wells for which operators must pay annual oversight fees.

West Virginia HB4109 removes the cap on the number of gas and other type wells for which operators are required to pay annual oversight fees. The bill specifies fees based on the average daily gas production, with $25 for wells producing up to 60,000 cubic feet of gas per day, $75 for those producing between 60,000 and 250,000 cubic feet, and $350 for those producing more than 250,000 cubic feet. The bill also outlines duties of the secretary related to oil and gas matters, including supervision, enforcement, and record-keeping.