News from the Oklahoma Corporation Commission

Jim Palmer, Director of Information

July 28, 2000

OKLAHOMA CITY – The Oklahoma Corporation Commission has issued notice of a proposed emergency rulemaking to amend certain oil and gas conservation rules.

Focus of the rulemaking is to implement changes to the oil and gas conservation rules in Chapter 10 covering gross production tax exemptions prompted by Senate Bill 1048.

The public is invited to attend a technical conference at 9:30 a.m., Tuesday, August 15 in the Commission’s conference room 105 on the first floor of the Jim Thorpe Building located at 2101 N. Lincoln Blvd. in Oklahoma City. The purpose of this conference is to receive public comment and suggestions on the proposed rules.

The Commission also requests information from business entities on the financial impact of the proposed rules. The information is sought in the dollar amounts of increased fees, indirect costs or any other cost to a particular entity as a result of compliance with the proposed rules.

On Thursday, September 14, the Commissioners will consider the emergency and permanent approval of these rules at a public hearing scheduled for 9:30 a.m. in the Commission’s courtroom 301 on the third floor of the Jim Thorpe Building at 2101 N. Lincoln Blvd., Oklahoma City.

Further information on the rulemaking may be obtained from Michael Decker, Deputy General Counsel, or from Jim Hamilton, Assistant General Counsel, both of Oil and Gas Conservation, 400 Jim Thorpe Building, Oklahoma City, OK 73152-2000. They may be reached by phone at (405) 521-2255.