Honorable Jim Keffer, Chair, House Committee on Energy Resources
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB3402 by King, Phil (Relating to a restriction on the location of a well drilled for oil or gas.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would prohibits drilling oil or gas wells in the unincorporated area of a county within 500 feet from an established residence. Based on current Railroad Commission rules which prohibit wells from being located less than 467 feet from a property line, no significant fiscal impact is expected as a result of the bill's passage.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 455 Railroad Commission