Oklahoma Marginal Wells Commission
Encyclopedia
The Oklahoma Commission on Marginally Producing Oil and Gas Well, commonly known as the Oklahoma Marginal Wells Commission, is an agency
of the government of Oklahoma
unde the Oklahoma Secretary of Energy
. Commission is responsible for identifying and evaluating the economic and operational factors of marginally producing oil and gas well. The Commission is also responsible for assuing that appropriate measures are taken to extend the usefulness of those wells so identified.
The Commission is composed of nine members, who are all either independent and major oil and gas operators and royalty owners. The members are appointed by the Governor of Oklahoma
, with the consent of the Oklahoma Senate
. Each member serves a fixed three year term. It is the duty of the Commission to appoint an Executive Director to oversee the day-to-day operations and programs under the jurisidction of the Commission. The current Executive Director is James Revard.
The Commission was established on October 1, 1992, during the term of Governor David Walters
.
. As such, no tax dollar support the Commission. Instead, the Legislature, when they created the Commission, established a voluntary Marginal Wells Fee. Any oil or gas company may submit the fee to the Oklahoma Tax Commission
to support the work of the Commission.
Government agency
A government or state agency is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an intelligence agency. There is a notable variety of agency types...
of the government of Oklahoma
Government of Oklahoma
The government of the US State of Oklahoma, established by the Oklahoma Constitution, is a republican democracy modeled after the Federal government of the United States. The state government has three branches: the executive, legislative, and judicial...
unde the Oklahoma Secretary of Energy
Oklahoma Secretary of Energy
The Oklahoma Secretary of Energy is a member of the Oklahoma Governor's Cabinet. The Secretary is appointed by the Governor, with the consent of the Oklahoma Senate, to serve at the pleasure of the Governor...
. Commission is responsible for identifying and evaluating the economic and operational factors of marginally producing oil and gas well. The Commission is also responsible for assuing that appropriate measures are taken to extend the usefulness of those wells so identified.
The Commission is composed of nine members, who are all either independent and major oil and gas operators and royalty owners. The members are appointed by the Governor of Oklahoma
Governor of Oklahoma
The governor of the state of Oklahoma is the head of state for the state of Oklahoma, United States. Under the Oklahoma Constitution, the governor is also the head of government, serving as the chief executive of the Oklahoma executive branch, of the government of Oklahoma...
, with the consent of the Oklahoma Senate
Oklahoma Senate
The Oklahoma Senate is the upper house of the two houses of the Legislature of Oklahoma, the other being the Oklahoma House of Representatives. The total number of Senators is set at 48 by the Oklahoma Constitution....
. Each member serves a fixed three year term. It is the duty of the Commission to appoint an Executive Director to oversee the day-to-day operations and programs under the jurisidction of the Commission. The current Executive Director is James Revard.
The Commission was established on October 1, 1992, during the term of Governor David Walters
David Walters
David Lee Walters was the 24th Governor of Oklahoma from 1991 to 1995.-Biography:Walters was born near Canute, Oklahoma. He graduated as valedictorian from Canute High School in 1969. He later graduated from University of Oklahoma in 1973 with a bachelor’s degree in industrial engineering...
.
Duties
The duties of the agency are to research and collect data characterizing marginal wells; to propose legislative, regulatory, and operation remedies; to educate the public on the contributions of marginal wells; and, to interact with regional organizations to ensure recognition of the importance of marginally producing oil and gas wells to the current and future domestic production of oil and gas.Commissioners
As of 2010, the Commission is composed of the following members:- David Moore - Secretary
- David Guest - Chairman
- A. Hearne Williford
- Paul L. Bruce
- Charles B. "Chuck" Davis
- Thomas F. Dunlap
- Bill Gifford
- Stan B. Noble - Vice Chairman
- Ken Kerrihand
Budget
The Commission's annual budget is not supported by yearly appropriations by the Oklahoma LegislatureOklahoma Legislature
The Legislature of the State of Oklahoma is the biennial meeting of the legislative branch of the government of Oklahoma. It is bicameral, comprising the Oklahoma House of Representatives and the Oklahoma Senate, with all members elected directly by the people. The House of Representatives has 101...
. As such, no tax dollar support the Commission. Instead, the Legislature, when they created the Commission, established a voluntary Marginal Wells Fee. Any oil or gas company may submit the fee to the Oklahoma Tax Commission
Oklahoma Tax Commission
The Oklahoma Tax Commission is the Oklahoma state government agency that collects taxes and enforces the internal revenue laws of the state. The Commission is composed of three members appointed by the Governor of Oklahoma with the approval of the Oklahoma Senate...
to support the work of the Commission.