STATE OF OKLAHOMA

1st Session of the 54th Legislature (2013)

SENATE BILL 135	By:	Anderson

AS INTRODUCED

An Act relating to oil and gas; amending 52 O.S. 2011, Section 700, which relates to the Commission on Marginally Producing Oil and Gas Wells; clarifying language; and providing an effective date.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     AMENDATORY     52 O.S. 2011, Section 700, is amended to read as follows:
Section 700.  A.  There is hereby re-created until July 1, 2014, a Commission on Marginally Producing Oil and Gas Wells which shall be subject to the provisions of the Oklahoma Sunset Law.  The Commission shall consist of nine (9) members appointed by the Governor and confirmed by the Oklahoma State Senate.
B.  Membership of the Commission shall be as follows:
1.  One independent oil or gas operator from each of the four (4) Corporation Commission regulatory districts as they existed on January 1, 1992.  The appointee must be an operator in the district he or she represents;
2.  One independent oil or gas operator from Osage County;
3.  One Oklahoma independent oil or gas operator to be selected from a list of three operators supplied by the Oklahoma Independent Petroleum Association;
4.  One major oil or gas operator to be selected from a list of three operators supplied by the Mid-Continent Oil and Gas Association;
5.  One Oklahoma oil or gas royalty owner to be selected from a list of three royalty owners supplied by the Oklahoma Mineral Owners Association; and
6.  One Oklahoma oil or gas royalty owner to be selected from a list of three royalty owners supplied by the National Association of Royalty Owners.
C.  Commissioners shall be appointed for three-year terms which shall begin on January 1 of the first year of the appointment and end on December 31 of the third year.  There shall be no limit to the number of consecutive terms served.  If a vacancy should occur during a member's term, the Governor shall appoint a new member who meets the same qualifications to fill the remainder of the unexpired term.  To establish staggered terms, the terms shall be set at the time of the initial appointments.
SECTION 2.  This act shall become effective November 1, 2013.

54-1-810	CD	1/7/2013 2:12:19 PM