Section 1753.1 - Due Dates for Cost Estimate Reports(a) Operators shall submit a Cost Estimate Report as follows: (1) By no later than January 1, 2025: for all operators who were assessed, in accordance with Public Resources Code sections 3402 and 3403, based upon production of less than 3.5 total barrel equivalent per day per well, including any idle wells, for calendar year 2021 and operators who were not assessed because their wells had no production in calendar year 2021, except for those operators assessed in accordance with Public Resources Code section 3403.5.(2) By no later than July 1, 2026: for all operators who were assessed, in accordance with Public Resources Code sections 3402 and 3403, based upon production of an average of more than 3.5 total barrel equivalent per day per well, including any idle wells, for calendar year 2021 and for all operators who were assessed in accordance with Public Resources Code section 3403.5 for calendar year 2021.(b) For Cost Estimate Reports submitted within the deadlines specified in subdivision (a), operators may omit cost estimates associated with offshore wells and production facilities but shall submit a Cost Estimate Report that includes cost estimates associated with offshore wells and production facilities by July 1, 2027. If the operator of offshore wells or facilities did not submit an initial Cost Estimate Report within the deadlines specified in subdivision (a) because the operator only operates offshore wells and production facilities, then the operator must submit a Cost Estimate Report that includes cost estimates associated with offshore wells and facilities by July 1, 2027.(c) Operators that operated no wells or production facilities in calendar year 2021 but become the operator of a well before April 1, 2026, shall submit a Cost Estimate Report no later than July 1, 2026. Operators that operated no wells or production facilities before April 1, 2026, but became the operator of a well on or after that date shall submit their Cost Estimate Report within 90 days of becoming the operator of a well.(d) Five years from the date of submission required under subdivisions (a), (b), and (c), and every five years thereafter, operators shall submit an updated Cost Estimate Report that complies with the requirements of section 1753.(e) For the purposes of this section, "total barrel equivalent" means one barrel of oil or 10,000 cubic feet of gas.Cal. Code Regs. Tit. 14, § 1753.1
Note: Authority cited: Sections 3013 and 3205.7, Public Resources Code. Reference: Sections 3011, 3106 and 3205.7, Public Resources Code.
1. New section filed 6-24-2024; operative 10/1/2024 (Register 2024, No. 26).