OklahomaSB 1976Oklahoma 2026 Regular SessionSenate

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.

Higher bonds based on well count

Category B bond amounts now depend on how many wells you run and your Form 1006B year. For 1–10 wells it is $25,000. For 11–50 wells: $33,300 in 2026, $41,600 in 2027, and $50,000 in 2028. For 51–100 wells: $50,000 in 2026, $75,000 in 2027, and $100,000 in 2028. For more than 100 wells: $66,500 in 2026, $108,000 in 2027, and $150,000 in 2028. By the end of 2028, you must post the full amount. The Commission can require more, up to $150,000, after notice and hearing for pollution or bad plugging. You may post less than the standard amount if a licensed well plugger certifies your current statewide plugging costs are lower; that reduced amount must cover the estimate and can be raised if you add operations.

Must post bond; fast enforcement

It is illegal to drill or operate without the required proof of money to plug wells and close impoundments. The Commission can shut in your wells right away without notice or hearing, and they stay shut until your Category B surety is posted and verified. If you fail to plug, close, or remove equipment after notice, the Commission can take money from your bond or make you pay the costs. You get 10 days from the notice to start the work. Forfeited money pays the work and extra goes to the Oil and Gas Division Revolving Fund; the Commission can recover litigation costs. If you buy a well or property, you must provide the required financial proof before the transfer. The law defines “affiliate” (20% ownership link) and “insider” (officers, directors, controllers, partners, certain spouses, related entities, and managing agents) for enforcement under these rules.

Net-worth bonding ends for new operators

Beginning November 1, 2025, new operators cannot choose the Category A net-worth option. If you already have a valid Category A and are in good standing, you can keep it. You may switch to Category B by sending written notice to the Commission. If you switch, you can switch back to Category A within three years by written notice and by staying in good standing. After three years, the switch to Category B is permanent.

Sponsors & Cosponsors

Sponsor

  • Grant Green

    Republican • Senate

Cosponsors

  • Brad Boles

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 187 • No: 2

House vote • 4/29/2026

THIRD READING

Yes: 87 • No: 0

House vote • 4/13/2026

DO PASS

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

DO PASS

Yes: 10 • No: 0

Senate vote • 3/16/2026

THIRD READING

Yes: 46 • No: 0

Senate vote • 2/26/2026

Committee vote: Energy

Yes: 10 • 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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