One of the bills to make it past this week’s legislative deadline is Senate Bill 669 which would allow oil and gas producers to extend their horizontal drilling laterals in non-shale formations. The Oklahoman’s Paul Monies writes both the Oklahoma Independent Petroleum Association and the Oklahoma Oil and Gas Association support the measure written by Senator Bryce Marlatt.
Read The Oklahoman story here.
If Harold Hamm wants it , it is a done deal, and he has the money to see it gets passed.