Official summary
Bill No.: <billno> Drafter: <drafterinit>
Bill No.:
SF0136
Drafter:
LNS
LSO No.:
13LSO-0541
Effective Date:
7/1/2013
Enrolled Act No.:
SEA0078
Chapter No.:
CH0151
Prime Sponsor:
Senator Burns
Catch Title:
Seismic exploration-3.
Subject:
Surety
requirements for oil and gas operations involving seismic activities.
Summary/Major
Elements:
This act
requires the oil and gas conservation commission to adopt rules requiring a
surety bond or other guaranty to be posted to protect the interests of land
owners when oil and gas operations involve seismic activities.
The act sets
minimum surety amounts based upon acreage affected and allows for pooling of
small parcels for purposes of meeting minimum bond requirements.
The act requires
permits for seismic activities to state that the permit is not permission to
trespass.
The act requires
the operator to provide the oil and gas conservation commission evidence that
an operator has a right to enter the land.