What is the Marginal Well Commission?
In the 1980’s, a group of oil and natural gas industry producers formedan association called “Save Our Strippers.”
In 1992, the Oklahoma Legislature created the Commission onMarginally Producing Oil and Gas Wells. Senate Bill 684, now Title 52
O.S. Section 700.
Marginal oil or gas is produced from low-
volume “stripper” wells –
defined by the IOGCC as producing less than 10 barrels of oil or 60,000 cubic feet of gas per day.
The Marginal Well Commission is the only organization of its kind in thenation.
Funded by a voluntary fee of $.0035 on each barrel of crude oilproduced in the state and $.00015 of every 10,000 cubic feet of naturalgas produced. Requests for refunds can be made during the first 3months of the calendar year. Last year, less than 1% of the budgetwas refunded.