Video & Transcript : 'plugging credit' :

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LA

Louisiana 2026 Regular Session

Appropriations May 5th, 2026

Appropriations

Transcript Highlights:
  • to the operator for that amount of $4.50 per foot for every well plugged.
  • But these are their assets that they're legally required to plug.
  • We have a program that requires you to plug 10 inactive wells.
  • A smaller producer may not be able to afford to plug but one or two wells.
  • And I do appreciate your listening. plugging these inacted wells.
OK

Oklahoma 2026 Regular Session

Revenue and Taxation Apr 13th, 2026 at 02:00 pm

Revenue and Taxation

Transcript Highlights:
  • House Bill 4273 is a measure that would clarify the Aerospace tax credit definition of qualified employer
  • And so you qualify for this tax credit. Thank you, Mr. Chair.
  • Do you expect that would be the kind of information that would be requested for the tax credit?
  • So I really feel like this should be not a tax credit but instead should be money coming out from the
TX

Texas 89th Regular

Energy Resources Apr 7th, 2025

Energy Resources

Transcript Highlights:
  • The plugging of orphan oil and gas wells in Texas.
  • The industry today is plugging about 8 billion dollars... ...85% of all wells that are plugged.
  • Can you tell me the cost of plugging a well today?
  • true limit to well plugging extensions.
  • Well plugging extensions should only be permitted for operators with a history of plugging older wells
OK
Transcript Highlights:
  • page 55, they included language that within three years, if an establishment has not been using the credit
  • If an establishment has not been using the credit, they would no longer qualify.
OK

Oklahoma 2026 Regular Session

Energy 2ND REVISED Feb 5th, 2026 at 09:30 am

Energy

Transcript Highlights:
  • to potentially plug a well.
  • If it's orphaned, then we have funds to plug it again.
  • So, it would be a question of, ok, we can plug it, and then we...
  • And then, we go and plug it if it's an orphan. We thank you.
  • Plugging the plugging fund is depleted.
Committee: Senate Energy
TX

Texas 89th Regular

Energy Resources Mar 24th, 2025

Energy Resources

Transcript Highlights:
  • sites that have been active... for 10 or more years as part of the application process for a well plugging
  • It usually costs, you know, $50,000 to $75,000 to plug a well.
  • pay the fine and walk away because it's cheaper for them to pay the fine than actually to properly plug
  • So if you seek an extension to plug your inactive well under current law, this strengthens that language
  • So I understand from the testimony here today also, that you're basically plugging holes and that you
Bills: HB48 , HB49 , HB 1169 , HB1971 , HB2584 , HB2663 , HB2890 , HB48 , HB49
OK
Transcript Highlights:
  • Speaker, my question is there is a provision in this statute that talks about the Well plugging that
  • doesn't touch our state collections in field tax, which we use a percentage of that for the well plugging
  • So our well plugging fund won't see any difference whether this bill passes or not.
  • Some go to the well plug and fund that we just talked about. Thank you for that question.
  • Act relating to the Corporation Commission Plugging Fund.
Bills: HCR1030 , HB1370 , SB893 , SB2 , SB1589
OK

Oklahoma 2026 Regular Session

Senate Legislative Session May 14th, 2026 at 08:00 am

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • Am I to understand that it went from the plugging fund bill that we saw in committee and it's now a gas
  • House Bill 1370 by Senator Grant Green, Corporation Commission Plugging Fund.
  • This is not about a plugging fund, so they say. This has been on the agenda.
  • We've gutted the plugging fund.
  • we have too many specific requirements in our graduation requirements for military families, their credits
OK

Oklahoma 2026 Regular Session

Appropriations and Budget Feb 24th, 2026 at 04:30 pm

Appropriations and Budget

Transcript Highlights:
  • aerospace research or technology would have the same ability to claim the employee side of the tax credit
  • But for clarification, the private funds also come with a tax credit that directly impacts the public
  • So we understand that between the parental choice tax credit and the Equal Opportunity Scholarship Fund
TX

Texas 89th Regular

Senate Committee on Water, Agriculture, and Rural Affairs May 5th, 2025

Water, Agriculture and Rural Affairs

Transcript Highlights:
  • That is the best property tax credit you can get, but that's not the effect we're seeking.
Bills: HB2018 , HB1633 , HB1689 , SB612 , SB3058
Summary: The Senate Water, Agriculture, Rural Affairs Committee heard several bills focused on groundwater management, water infrastructure, and agricultural land conservation. SB 612 would limit certain water districts in Hidalgo, Cameron, and Willacy counties from charging developers pipeline construction fees above actual, documented costs; the committee substitute removed a developer challenge mechanism to preserve district discretion over construction standards. HB 1633 would require groundwater conservation districts to consider registered exempt wells when reviewing or amending permits, and testimony from landowners, district representatives, and advocacy groups largely supported the bill as a way to protect domestic and livestock wells from drawdown caused by large export projects. HB 1689 would clarify that export fee revenues may be used for well operability, alternative water supplies, and aquifer monitoring, including through interlocal cooperation, and HB 3058 would give the Post Oak Savannah Groundwater Conservation District authority to use export fees for county road improvements and environmental programs tied to well inspection and groundwater management. HB 2018 would clarify that the Texas Farm and Ranchland Conservation Program is intended to purchase conservation easements only on working agricultural lands, with support from cattle raisers and Farm Bureau representatives. The committee also considered HB 29, which would require large water systems to validate water loss audits and submit mitigation plans; a committee substitute removed the water-loss threshold and adjusted the timeline for more detailed validation. Public testimony on the bills was generally supportive, with several witnesses describing declining well levels, road damage from export projects, and the need to preserve agricultural land and local water supplies. The committee adopted committee substitutes and voted favorably on HB 29, HB 1689, HB 2018, SB 612, and SB 3058, recommending several of them for the local and uncontested calendar; HB 1633 was left pending awaiting a committee substitute.
TX

Texas 89th Regular

Energy Resources Apr 14th, 2025

Energy Resources

Transcript Highlights:
  • So you're also asking for a credit of 20%?
  • That tax credit, is that a federal tax credit on capital expenditures, or is that a state tax credit?
  • Plugging is done by the Railroad Commission.
  • They don't want the public to know what they do when they plug a well because they don't plug them properly
  • , they don't tag their plugs.