HB 1369 Oklahoma House · 2025 Regular Session

Oil and gas; evidence of financial ability for drilling and operating wells; modifying surety amount and types; effective date.

HB 1369 updates the financial requirements for individuals and companies operating oil and gas wells in Oklahoma. Starting November 1, 2025, new operators will no longer be able to use a financial statement (Category A surety) to demonstrate financial ability, though existing operators can retain it. The bill establishes a tiered system for Category B surety, such as bonds or letters of credit, with amounts ranging from $25,000 to $150,000 based on the number of wells an operator manages. These changes aim to ensure operators have sufficient funds to cover the costs of well plugging, surface impoundment closure, and equipment removal. The Corporation Commission can also require higher surety amounts based on an operator's past compliance.
Bill status signed all 5 stages cleared
Introduction
Feb 2025
Committee Review
Apr 2025
House Passage
Mar 2025
Senate Passage
Apr 2025
Signed into Law
May 2025
Introduced Feb 3, 2025 Signed May 5, 2025
Maddy AI version diff · 6 comparisons

What changed between versions

Floor (House) Floor (Senate) · 5 edits
MODERATE
The bill was revised to transition from a House floor version to a Senate floor version, incorporating amendments that establish a tiered surety system based on the number of wells an operator manages. The changes introduce specific financial thresholds for surety amounts, ranging from $25,000 for one to ten wells up to $150,000 for more than one hundred wells, and modify the phase-out timeline for Category A surety. Additionally, the Senate version adds provisions allowing operators with low plugging liability to post reduced surety amounts and clarifies requirements for new operators versus those with historical records.
Scope change
The bill's scope expanded to include tiered financial requirements based on operational scale, distinguishing between new operators, existing operators, and those with historical compliance records.
REQUIREMENT

Replaced a flat $50,000 Category A surety requirement with a tiered Category B system where amounts increase based on the number of wells operated (1-10 wells: $25,000; 11-50 wells: $50,000; 51-100 wells: $100,000; 101+ wells: $150,000).

ELIGIBILITY

Added provisions allowing operators with low estimated plugging liability to post reduced surety amounts based on affidavits from licensed well pluggers, rather than the standard amount.

Introduced specific eligibility criteria for operators of record as of June 7, 1989, allowing those without outstanding fines or contempt citations to post Category A surety, while requiring new operators or those with fines to post Category B surety.

TIMELINE

Maintained the November 1, 2025 start date for phasing out Category A surety for new operators, but added conditions for existing operators to retain it based on good standing.

ENFORCEMENT

Added authority for the Commission to require additional surety beyond the standard amount for pollution or improper plugging incidents, up to $150,000, following notice and hearing procedures.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
25
Key actions
8
Committee
6
May 5, 2025
Signed into law
Approved by Governor 05/03/2025
lower
Apr 28, 2025
Committee
Referred for enrollment
lower
Apr 28, 2025
Upper · Passed
Engrossed measure signed, returned to House
upper
Apr 28, 2025
Upper · Passed
Measure passed: Ayes: 44 Nays: 0
upper
Apr 17, 2025
Upper · Passed
Reported Do Pass Energy committee; CR filed
upper
Mar 6, 2025
Introduced
First Reading
upper
Mar 6, 2025
Lower · Passed
Engrossed, signed, to Senate
lower
Mar 5, 2025
Committee
Referred for engrossment
lower
Mar 5, 2025
Lower · Passed
Third Reading, Measure passed: Ayes: 91 Nays: 3
lower
Feb 26, 2025
Lower · Passed
CR; Do Pass, amended by committee substitute Energy and Natural Resources Oversight Committee
lower
Feb 10, 2025
Lower · Passed
Policy recommendation to the Energy and Natural Resources Oversight committee; Do Pass Energy
lower
Feb 4, 2025
Committee
Referred to Energy
lower
Feb 3, 2025
Introduced
First Reading
lower
2 primary · 0 co-sponsors

Sponsors