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Sustaining Oklahoma's Energy Resources

Sustaining Oklahoma's Energy Resources (SOER), formerly known as the Oklahoma Commission on Marginally Producing Oil and Gas Well, and formerly commonly known as the Oklahoma Marginal Wells Commission (MWC), is a committee under the authority of the Oklahoma Energy Resources Board (OERB). The committee is responsible for identifying and evaluating the economic and operational factors of marginally producing oil and gas wells. The committee is also responsible for assuring that appropriate measures are taken to extend the usefulness of those wells so identified.

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==
Commissioners
In 2010, the Commission members were: • 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==
Budget
When it was a commission, the annual budget was not supported by yearly appropriations by the Oklahoma Legislature. As such, no tax revenue supported the commission. Rather, 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. ==References==
Source: Wikipedia ↗
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