Bill > HB3840

This bill amends the Natural Resources Code to extend the deadline for plugging certain inactive wells under the jurisdiction of the Railroad Commission of Texas. It allows the Commission to grant an extension of up to five years for plugging inactive wells if certain conditions are met, such as the operator maintaining a current organization report and providing documentation of the well's future utility or the operator's financial solvency. The bill also requires the Commission to establish decommissioning cost estimates for each oil and gas producing region and for operators to provide annual cost information to the Commission.