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Oklahoma Corporation Commission Oil & Gas Conservation Division Post Office Box 52000 Oklahoma City, Oklahoma 731522000 Rule 165: 10325 API No.: 35037289160000 Form 1002A Completion Report Spud Date:
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Oil & gas conservation is the practice of using resources efficiently to reduce waste and protect the environment. It involves minimizing oil and gas consumption through various methods such as using alternative energy sources and implementing energy-saving technologies.
Oil & gas companies, operators, and individuals involved in oil and gas exploration, production, and transportation are required to file oil & gas conservation reports.
To fill out oil & gas conservation reports, you must provide accurate data on oil and gas production, consumption, and waste. The reports typically include information on drilling activities, production volumes, and greenhouse gas emissions.
The purpose of oil & gas conservation is to promote sustainable energy practices, reduce environmental impact, and ensure the efficient use of resources. Conservation efforts help to mitigate climate change, protect natural habitats, and safeguard public health.
Oil & gas conservation reports typically include data on production volumes, extraction methods, equipment usage, waste management practices, and environmental compliance. The reports help regulatory agencies monitor industry activities and enforce conservation measures.
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