The Corporation Commission is hereby authorized to promulgate rules for the plugging of all abandoned oil and gas wells. Abandoned wells shall be plugged under the direction and supervision of Corporation Commission employees as may be prescribed by the Corporation Commission. Provided, however, the Commission shall not order any oil or gas well to be plugged or closed during any period of time the posted price of Oklahoma Sweet crude oil falls below Fifteen Dollars ($15.00) per barrel for thirty (30) or more consecutive days, unless such well poses an imminent threat to the public health and safety which shall be determined by the Commission after conducting a public hearing on the matter.

Laws 1917, HB 136, c. 207, p. 385, § 3, emerg. eff. February 16, 1917; Amended by Laws 1998, SB 1010, c. 340, § 1, emerg. eff. June 3, 1998 (superseded document available).