General Assembly


Short Title

Regulates oil and gas unit operation and valuation 
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Long Title To amend sections 1509.28 and 5713.051 of the Revised Code to revise provisions in the Oil and Gas Law governing unit operation and to specify that the discounted cash flow formula used to value certain producing oil and gas reserves for property tax purposes is the only method for valuing all oil and gas reserves.


As Introduced

Legislation Text

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Senate State and Local Government Committee

Primary Sponsors

Troy Balderson
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