House Bill No. by Representative Jacob Landry amends the existing law regarding oilfield site restoration fees, specifically focusing on reduced rate production wells. The bill repeals the previous calculation method for these fees and introduces new, specific fee rates for various categories of reduced rate oil and gas wells. For instance, the fee for oil produced from certified incapable oil wells will be set at 50% of the full rate production fee, while oil from stripper wells will incur a fee of 25%. Additionally, gas produced from low pressure oil wells will be charged 40% of the full rate fee, and gas from incapable gas wells will be charged 17.5%.

The effective date for these changes is set for July 1, 2026. The bill aims to provide clarity and a more straightforward fee structure for oilfield site restoration, ensuring that the fees are proportionate to the production capabilities of the wells in question.

Statutes affected:
HB637 Original: 30:87(F)(2)