Plain English Breakdown
The official source material does not provide specific details on the bill's impact or how oil and gas companies will be affected if it had passed.
Setting Maximum Size for Oil and Gas Drilling Units
The bill sets a maximum size of 1,280 acres for drilling units used in oil and gas operations.
What This Bill Does
- Sets the largest allowed size for drilling units at 1,280 acres.
- Makes the new rules apply to all orders made on or after July 1, 2022.
Who It Names or Affects
- Oil and gas companies in Wyoming
- The commission that sets drilling unit sizes
Terms To Know
- drilling units
- Areas of land designated for oil or gas drilling operations.
Limits and Unknowns
- The bill did not pass and was not considered for introduction.
- It is unclear how oil and gas companies will be affected by this rule if it had passed.