The bill amends Wyoming's regulations governing drilling units by introducing a new requirement for oil and gas operators. Specifically, it mandates that operators must negotiate in good faith with mineral owners who do not have a lease or contract for oil and gas development before applying for a drilling unit. This addition aims to ensure fair dealings between operators and mineral owners, promoting transparency and cooperation in the oil and gas industry.

The effective date for this new requirement is set for July 1, 2023. This legislative change reflects a commitment to enhancing the rights of mineral owners and fostering a more equitable negotiation process in the oil and gas sector.

Statutes affected:
Introduced: 30-5-109