OklahomaSB 1976Oklahoma 2026 Regular SessionSenateWALLET

Oil and gas; authorizing certain operators to make voluntary election. Emergency.

Sponsored By: Grant Green (Republican)

Signed by Governor

Senate Committee

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 0 benefits, 1 costs, 2 mixed.

Wells shut in without required bonding

It is illegal to drill or operate without the required proof of financial ability. The Commission will shut in a violator’s wells without notice and keep them shut in until the required Category B is obtained and verified. If an operator fails to plug, close, or remove as ordered, the Commission can take the posted bond or other security, or require payment equal to the state’s costs; the operator has 10 days after notice to start the work. The state may do the work and draw the funds; any extra goes to the Oil and Gas Division Revolving Fund. On any title transfer, the buyer must show financial ability before the transfer.

Bigger, adjustable bonds for oil operators

The law sets Category B surety by well count and phases it in for 2026–2028. Schedule: 1–10 wells $25,000 (2026) to $50,000 (2028); 11–50 $33,300 to $50,000; 51–100 $50,000 to $100,000; 100+ $66,500 to $150,000. The Commission can raise an operator’s amount, up to $150,000, based on past performance or pollution, including records of insiders or affiliates. An operator may ask for a lower amount with an affidavit from a licensed well plugger; it cannot exceed $150,000 and must rise if the operator takes on more work. If a blanket bond is required, it must cover plugging, closure, and cleanup, be from an authorized surety, and stay in place until release. The law defines affiliates (20% owners) and insiders (officers, directors, controllers, and related parties) for these reviews.

New or risky operators must post stronger bonds

Beginning November 1, 2025, new operators cannot use Category A and must meet Category B. New operators and those with outstanding fines or contempt, including insiders or affiliates with such debts as of June 7, 1989, must post Category B. If a Category A operator is fined $2,000 or more and does not pay on time, it must post Category B within 30 days of Commission notice. An operator that switches to Category B by choice may return to Category A within three years by written notice if it stays in good standing; after three years, the switch is permanent.

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Sponsors & Cosponsors

Sponsor

  • Grant Green

    Republican • Senate

Cosponsors

  • Brad Boles

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 131 • No: 2

House vote 4/29/2026

Emergency

Yes: 87 • No: 0

House vote 4/13/2026

Emergency

Yes: 12 • No: 1

House vote 4/13/2026

Emergency

Yes: 12 • No: 1

House vote 4/1/2026

Emergency

Yes: 10 • No: 0

House vote 4/1/2026

Emergency

Yes: 10 • No: 0

Senate vote 3/16/2026

THIRD READING

Yes: 0 • No: 0

Senate vote 2/26/2026

Emergency

Yes: 0 • No: 0

Actions Timeline

  1. Approved by Governor 05/06/2026

    5/6/2026Senate
  2. Sent to Governor

    4/30/2026Senate
  3. Signed, returned to Senate

    4/30/2026House
  4. Enrolled, to House

    4/30/2026Senate
  5. Referred for enrollment

    4/29/2026Senate
  6. Signed, returned to Senate

    4/29/2026House
  7. Third Reading, Measure and Emergency passed: Ayes: 87 Nays: 0

    4/29/2026House
  8. General Order

    4/29/2026House
  9. CR; Do Pass Energy and Natural Resources Oversight Committee

    4/15/2026House
  10. Policy recommendation to the Energy and Natural Resources Oversight committee; Do Pass Energy

    4/1/2026House
  11. Referred to Energy

    3/30/2026House
  12. Second Reading referred to Energy and Natural Resources Oversight

    3/30/2026House
  13. First Reading

    3/17/2026House
  14. Engrossed to House

    3/17/2026Senate
  15. Referred for engrossment

    3/16/2026Senate
  16. Measure and Emergency passed: Ayes: 46 Nays: 1

    3/16/2026Senate
  17. General Order, Considered

    3/16/2026Senate
  18. Coauthored by Representative Boles (principal House author)

    3/3/2026Senate
  19. Placed on General Order

    3/3/2026Senate
  20. Reported Do Pass Energy committee; CR filed

    2/26/2026Senate
  21. Second Reading referred to Energy

    2/3/2026Senate
  22. Authored by Senator Green

    2/2/2026Senate
  23. First Reading

    2/2/2026Senate

Bill Text

  • Enrolled (final version)

    4/30/2026

  • Floor (House)

    4/16/2026

  • House Committee Report

    4/15/2026

  • House Policy Committee Report

    4/1/2026

  • Engrossed

    3/17/2026

  • Floor (Senate)

    3/2/2026

  • Senate Committee Report

    2/26/2026

  • Introduced

    1/15/2026

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