Several new bills related to oil drilling bans were introduced in the Oklahoma state legislature in January.
The bills are:
HB2124 and HB1395, Acts relating to oil and gas that strike provisions recognizing the rights of cities and towns to provide rules and regulations for oil and gas drilling or production. The Acts allow municipalities, counties and other governmental subdivisions to enact certain reasonable laws and prohibit municipalities, counties and other governmental subdivisions from banning oil and gas operations. In addition, the Acts grant the Oklahoma Corporation Commission authority to determine if certain laws are reasonable.
SB341, an Act relating to oil and gas that creates the 2015 Oil and Gas Conservation and Regulation Modernization Act. The Act modifies purpose of well spacing for certain wells and modifies Oklahoma Corporation Commission procedures for spacing in certain wells. In addition, the Act clarifies state authority over municipalities, counties and political subdivisions relating to oil and gas exploration.
HB1722, HB 2178, SB468, and SB809, Acts relating to oil and gas that authorizes regulation by municipalities, counties and other political subdivisions of certain oil and gas operations and establishing setbacks and repeals 52 O.S. 2011, Section 137, which relates to the powers of cities and towns to regulate oil and gas drilling or production.
Oil and gas companies are regularly faced with many industry-specific issues to overcome. Such issues, including exploration and drilling, are often complex and intricate processes with many unique challenges to overcome. Data analytics can play a massive part in streamlining some of the most fundamental operations that are involved in the oil and gas industry.