summary
Introduced
01/18/2024
01/18/2024
In Committee
08/15/2024
08/15/2024
Crossed Over
05/21/2024
05/21/2024
Passed
08/29/2024
08/29/2024
Dead
Signed/Enacted/Adopted
09/25/2024
09/25/2024
Introduced Session
2023-2024 Session
Bill Summary
An act to amend Sections 3206 and 3206.3 of the Public Resources Code, relating to oil and gas, and making an appropriation therefor.
AI Summary
This bill would revise and recast the provisions related to idle wells in California. The key provisions include:
- Increasing the fees for idle wells, and imposing fees for wells that have been idle for less than 3 years. The fees range from $1,000 to $60,000 per well depending on the duration of idleness.
- Requiring operators to file a plan with the state oil and gas supervisor to provide for the management and elimination of all idle wells, instead of just long-term idle wells. The plan must consider certain factors when prioritizing wells for plugging and abandonment.
- Increasing the minimum percentages of idle wells that operators are required to eliminate each year, ranging from 5% to 20% depending on the total number of idle wells under the operator's control.
- Exempting certain inaccessible wells or wells subject to a court-approved settlement agreement from the bill's requirements.
- Expanding the annual report on idle and long-term idle wells to include a list of wells approved as inaccessible.
- Providing that no reimbursement is required for any state-mandated local program costs, as the bill creates new crimes or infractions.
Committee Categories
Agriculture and Natural Resources, Budget and Finance, Justice
Sponsors (4)
Last Action
Chaptered by Secretary of State - Chapter 548, Statutes of 2024. (on 09/25/2024)
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