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Committee backs tiered surety bonds for oil and gas operators
2231992 · February 5, 2025
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Summary
House Bill 13‑69 would replace a flat $25,000 surety bond with a tiered schedule tied to number of wells; the committee gave the bill unanimous support.
The House Energy and Natural Resources Committee unanimously approved House Bill 13‑69, a measure that would replace the current flat $25,000 surety bond for oil and gas operators with a tiered bond schedule based on the number of wells an operator holds.
Representative Boles, who presented the…
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