This bill amends existing Oklahoma law regarding oil and gas operations, specifically focusing on the responsibilities and liabilities of operators in relation to surface owners. Key modifications include the requirement for operators to file a corporate surety bond or other financial assurances to cover both location damages and anticipated reclamation obligations, with the bond amount set at $25,000. The bill also mandates that operators provide written notice to surface owners at least 30 days prior to any transfer of operator or lease, and outlines the information that must be included in such notices. Additionally, it establishes a process for appointing appraisers to assess damages when operators and surface owners cannot reach an agreement, and requires timely hearings by the Corporation Commission.

Further provisions in the bill enhance the rights of surface owners, allowing them to petition the Corporation Commission for enforcement of the act and to seek remedies for inadequate due diligence or insufficient financial assurance. The bill also introduces new requirements for operators to conduct integrity tests before hydraulic fracturing or reworking activities, ensuring that surface owners are informed of any risks. Notably, the bill prohibits retaliation against surface owners who seek information related to these tests. Overall, the legislation aims to strengthen protections for surface owners while ensuring that operators are held accountable for their obligations. The act is set to take effect on November 1, 2026.