The bill amends various sections of the Revised Code concerning the management and leasing of oil and gas resources in Ohio, introducing new provisions related to federal mineral royalty payments. A new section, 131.52, defines "federal mineral royalty" and "county of origin," and mandates that all federal mineral royalties received by the state be deposited into a newly established federal mineral royalty clearing fund for distribution to the respective counties. The bill also revises the leasing process for oil and gas formations on state-controlled land, requiring good faith leasing under just terms, and prohibits leasing nature preserves for exploration. Key changes include adjustments to timelines for commission decisions, specific lease provisions, and the introduction of a standard surface use agreement for state agency authorization.

Additionally, the bill enhances regulatory oversight by clarifying the authority of the division of oil and gas resources management and establishing new procedures for the management and plugging of orphaned wells. It introduces requirements for well owners regarding notifications and inspections, modifies liability insurance requirements, and outlines the appeals process for permit holders. The bill also addresses financial management related to capital expenses and park maintenance within the Department of Natural Resources, including the establishment of funds and the certification of amounts for transfers. Overall, the legislation aims to improve environmental protection and operational efficiency in oil and gas operations while ensuring compliance with health and safety regulations.

Statutes affected:
As Introduced: 1509.01, 1509.02, 1509.06, 1509.07, 1509.071, 1509.28, 1509.31, 1509.38, 2305.041, 5577.02, 5727.02
As Reported By Senate Committee: 155.33, 155.34, 1503.35, 1509.01, 1509.02, 1509.03, 1509.06, 1509.07, 1509.071, 1509.13, 1509.22, 1509.221, 1509.23, 1509.28, 1509.31, 1509.36, 2305.041, 5577.02, 5727.02, 343.30, H.B, 131.52
As Passed By Senate: 155.33, 155.34, 1503.35, 1509.01, 1509.02, 1509.03, 1509.06, 1509.07, 1509.071, 1509.13, 1509.22, 1509.221, 1509.23, 1509.28, 1509.31, 1509.36, 2305.041, 5577.02, 5727.02, 343.30, H.B, 131.52