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Oklahoma Corporation Commission Oil & Gas Conservation Division Post Office Box 52000 Oklahoma City, Oklahoma 731522000 Rule 165: 10325 API No.: 35011233090000 Form 1002A Completion Report Spud Date:
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What is oil & gas conservation?
Oil & gas conservation refers to the sustainable management and efficient use of oil and gas resources to minimize waste and preserve these valuable natural resources for future generations.
Who is required to file oil & gas conservation?
Oil and gas companies, operators, and producers are required to file oil & gas conservation reports to regulatory agencies in order to monitor and regulate their activities.
How to fill out oil & gas conservation?
Oil & gas conservation reports are typically filled out online through the regulatory agency's reporting portal, where companies must provide detailed information about their production, reserves, and activities.
What is the purpose of oil & gas conservation?
The purpose of oil & gas conservation is to ensure the sustainable development and utilization of oil and gas resources, while minimizing environmental impact and promoting responsible production practices.
What information must be reported on oil & gas conservation?
Oil & gas conservation reports typically require information on production volumes, well status, reserves, and any intervention activities conducted during the reporting period.
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