WyomingSF 202025 General SessionSenateWALLET

AN ACT relating to oil and gas; requiring the oil and gas conservation commission to promulgate rules to provide bonding options for oil and gas operators as specified; specifying bonding requirements; requiring reports; specifying uses of the conservation fund; authorizing the imposition of fees; making conforming amendments; and providing for effective dates.

Sponsored By: null Minerals

Signed by Governor

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Bill Overview

Analyzed Economic Effects

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

Annual report on bonding program

By October 1, 2025, and every October 1 after, the commission reports on the bonding program. The report lists how many operators joined or left, money collected, money spent and its sources, and the number, type, and total amount of bonds supported.

Fees and backstops for well cleanup bonds

Starting July 1, 2025, the bonding pool is funded mainly by a separate account and a pool assessment on participating operators. The pool assessment rate is 0 mills through June 30, 2030, and may be up to $0.0005 per dollar beginning July 1, 2030. A separate assessed charge up to $0.0008 per dollar continues to fund administration, enforcement, and plugging/reclamation for program operators. Money can only pay for plugging dry or abandoned wells, reclamation, bond forfeitures, and related bond costs. If pool money is not enough, the commission may use unspent account funds as a last resort and must report within 10 days when it spends these backstop funds.

New bonding pool and options for operators

Beginning July 1, 2025, the commission creates new bonding choices, including a voluntary bonding pool. Operators must stay in good standing and follow all rules to join or remain in the pool. The commission can run the pool or hire a third party, and it sets the rules. Pool operators may ask to lower their surety after a risk review, and financial assurance can be transferred to a new operator after a bonding review. The commission can also make agreements with federal agencies to plug and reclaim wells on federal land, using the operator’s bond first and then pool or account funds if needed.

Other bonding rule changes for operators

Beginning July 1, 2025, any surety bond under one section is in addition to other required bonds. Also, facilities already covered by the new oil and gas bonding rules are exempt from duplicate bonding under separate solid‑waste rules.

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Sponsors & Cosponsors

Sponsor

  • null Minerals

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 104 • No: 1

House vote 2/18/2025

H 3rd Reading:Passed 61-0-1-0-0

Yes: 61 • No: 0

House vote 2/12/2025

H09 - Minerals:Recommend Do Pass 8-0-1-0-0

Yes: 8 • No: 0

Senate vote 1/27/2025

S 3rd Reading:Passed 30-1-0-0-0

Yes: 30 • No: 1

Senate vote 1/22/2025

S09 - Minerals:Recommend Amend and Do Pass 5-0-0-0-0

Yes: 5 • No: 0

Actions Timeline

  1. Governor Signed SEA No. 0003

    2/24/2025Governor
  2. Assigned Chapter Number 30

    2/24/2025
  3. H 3rd Reading:Passed 61-0-1-0-0

    2/18/2025House
  4. Assigned Number SEA No. 0003

    2/18/2025
  5. S President Signed SEA No. 0003

    2/18/2025Senate
  6. H Speaker Signed SEA No. 0003

    2/18/2025House
  7. H 2nd Reading:Passed

    2/14/2025House
  8. H COW:Passed

    2/13/2025House
  9. H09 - Minerals:Recommend Do Pass 8-0-1-0-0

    2/12/2025House
  10. H Placed on General File

    2/12/2025House
  11. H Introduced and Referred to H09 - Minerals

    2/10/2025House
  12. H Received for Introduction

    1/28/2025House
  13. S 3rd Reading:Passed 30-1-0-0-0

    1/27/2025Senate
  14. S 2nd Reading:Passed

    1/24/2025Senate
  15. S COW:Passed

    1/23/2025Senate
  16. S09 - Minerals:Recommend Amend and Do Pass 5-0-0-0-0

    1/22/2025Senate
  17. S Placed on General File

    1/22/2025Senate
  18. S Introduced and Referred to S09 - Minerals

    1/14/2025Senate
  19. S Received for Introduction

    12/19/2024Senate
  20. Bill Number Assigned

    12/4/2024

Bill Text

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