15 | | - | A BILL |
---|
16 | | - | TO BE ENTITLED |
---|
17 | | - | AN ACT |
---|
18 | | - | Relating to geologic storage; to designate Sections |
---|
19 | | - | 9-17-150, 9-17-151, 9-17-152, 9-17-153, 9-17-154, 9-17-155, |
---|
20 | | - | 9-17-156, and 9-17-157, Code of Alabama 1975, as Division 1 of |
---|
21 | | - | Article 6, Chapter 17, Title 9 of the Code of Alabama 1975; |
---|
22 | | - | and to add a Division 2 to Article 6, Chapter 17, Title 9 of |
---|
23 | | - | the Code of Alabama 1975, commencing with Section 9-17-160, to |
---|
24 | | - | define the term "pore space"; to provide that the possessory |
---|
25 | | - | right to pore space below surface real property is vested in |
---|
26 | | - | the surface owners and may be separately conveyed; to further |
---|
27 | | - | provide the circumstances under which a proposed carbon |
---|
28 | | - | dioxide storage facility may receive approval to operate from |
---|
29 | | - | the State Oil and Gas Board; to provide that the board may |
---|
| 15 | + | SYNOPSIS: |
---|
| 16 | + | Under existing law, subsurface minerals may be |
---|
| 17 | + | separately conveyed from the overlying land and waters. |
---|
| 18 | + | This bill would provide that the possessory |
---|
| 19 | + | right to pore space below surface real property is |
---|
| 20 | + | vested in the surface owners and may be separately |
---|
| 21 | + | conveyed. |
---|
| 22 | + | Also under existing law, the State Oil and Gas |
---|
| 23 | + | Board regulates the underground storage of carbon |
---|
| 24 | + | oxides, including carbon dioxide. |
---|
| 25 | + | This bill would further provide the |
---|
| 26 | + | circumstances under which a proposed carbon dioxide |
---|
| 27 | + | storage facility may receive the board's approval to |
---|
| 28 | + | operate. |
---|
| 29 | + | This bill would provide that the board may |
---|
31 | | - | facility under certain circumstances; to create the |
---|
32 | | - | Underground Carbon Dioxide Storage Facility Administrative |
---|
33 | | - | Fund to be used by the board in monitoring and regulating |
---|
34 | | - | active storage facilities; to create the Underground Carbon |
---|
35 | | - | Dioxide Storage Facility Trust Fund to be used by the board in |
---|
36 | | - | long-term monitoring and management of closed storage |
---|
37 | | - | facilities; to create a certificate of project closure and |
---|
| 31 | + | facility under certain circumstances. |
---|
| 32 | + | This bill would create the Underground Carbon |
---|
| 33 | + | Dioxide Storage Facility Administrative Fund to be used |
---|
| 34 | + | by the board in monitoring and regulating active |
---|
| 35 | + | storage facilities. |
---|
| 36 | + | This bill would create the Underground Carbon |
---|
| 37 | + | Dioxide Storage Facility Trust Fund to be used by the |
---|
| 38 | + | board in long-term monitoring and management of closed |
---|
| 39 | + | storage facilities. |
---|
67 | | - | facilities; to create a certificate of project closure and |
---|
68 | | - | completion and provide for its issuance and implications; to |
---|
69 | | - | authorize the Commissioner of Conservation and Natural |
---|
70 | | - | Resources to lease pore space of certain lands for underground |
---|
71 | | - | storage of carbon dioxide; and to further provide for the |
---|
72 | | - | board's rulemaking authority. |
---|
73 | | - | BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: |
---|
74 | | - | Section 1. Sections 9-17-150, 9-17-151, 9-17-152, |
---|
75 | | - | 9-17-153, 9-17-154, 9-17-155, 9-17-156, and 9-17-157, Code of |
---|
76 | | - | Alabama 1975, shall be designated as Division 1 of Article 6, |
---|
77 | | - | Chapter 17, Title 9 of the Code of Alabama 1975. |
---|
78 | | - | Section 2. Division 2 is added to Article 6 of Chapter |
---|
79 | | - | 17, Title 9 of the Code of Alabama 1975, commencing with |
---|
80 | | - | Section 9-17-160, to read as follows: |
---|
81 | | - | Division 2. |
---|
82 | | - | §9-17-160 |
---|
83 | | - | For the purposes of this division, the term "pore |
---|
84 | | - | space" means subsurface space that can be used for the |
---|
85 | | - | geologic storage or sequestration of carbon dioxide and |
---|
86 | | - | incidental substances that are part of the carbon dioxide |
---|
87 | | - | capture, transportation, or storage process. |
---|
88 | | - | §9-17-161 |
---|
89 | | - | (a) The ownership of pore space in all strata below the |
---|
90 | | - | surface lands and waters of this state is vested in the owners |
---|
91 | | - | of the surface rights above the underlying strata where the |
---|
92 | | - | pore space exists, unless the ownership interest in the pore |
---|
93 | | - | space has previously been severed from the surface ownership |
---|
94 | | - | or is explicitly excluded or reserved in a conveyance. |
---|
95 | | - | (b) A conveyance of the surface ownership of real |
---|
| 69 | + | storage facilities. |
---|
| 70 | + | This bill would provide for the issuance of a |
---|
| 71 | + | certificate of project closure and completion by the |
---|
| 72 | + | board to a carbon dioxide storage facility operator and |
---|
| 73 | + | the certificate's implications. |
---|
| 74 | + | Also under existing law, the Commissioner of |
---|
| 75 | + | Conservation and Natural Resources may lease certain |
---|
| 76 | + | state lands for various oil and gas uses. |
---|
| 77 | + | This bill would authorize the commissioner to |
---|
| 78 | + | lease pore space of certain state lands for underground |
---|
| 79 | + | storage of carbon dioxide. |
---|
| 80 | + | A BILL |
---|
| 81 | + | TO BE ENTITLED |
---|
| 82 | + | AN ACT |
---|
| 83 | + | Relating to geologic storage; to designate Sections |
---|
| 84 | + | 9-17-150, 9-17-151, 9-17-152, 9-17-153, 9-17-154, 9-17-155, |
---|
| 85 | + | 9-17-156, and 9-17-157, Code of Alabama 1975, as Division 1 of |
---|
| 86 | + | Article 6, Chapter 17, Title 9 of the Code of Alabama 1975; |
---|
| 87 | + | and to add a Division 2 to Article 6, Chapter 17, Title 9 of |
---|
| 88 | + | the Code of Alabama 1975, commencing with Section 9-17-160, to |
---|
| 89 | + | define the term "pore space"; to provide that the possessory |
---|
| 90 | + | right to pore space below surface real property is vested in |
---|
| 91 | + | the surface owners and may be separately conveyed; to further |
---|
| 92 | + | provide the circumstances under which a proposed carbon |
---|
| 93 | + | dioxide storage facility may receive approval to operate from |
---|
| 94 | + | the State Oil and Gas Board; to provide that the board may |
---|
125 | | - | (b) A conveyance of the surface ownership of real |
---|
126 | | - | property shall be a conveyance of the pore space in all strata |
---|
127 | | - | below the surface of the real property unless the ownership |
---|
128 | | - | interest in the subsurface pore space has previously been |
---|
129 | | - | severed from the surface ownership or is explicitly excluded |
---|
130 | | - | or reserved in the conveyance. The ownership of pore space in |
---|
131 | | - | strata may be conveyed in the manner provided by law for the |
---|
132 | | - | transfer of surface interests in real property. |
---|
133 | | - | (c) No previous agreement conveying or reserving oil, |
---|
134 | | - | gas, or other mineral interests in real property shall act to |
---|
135 | | - | convey or reserve ownership of any pore space or carbon |
---|
136 | | - | dioxide storage rights in the stratum unless the agreement |
---|
137 | | - | explicitly conveys or reserves subsurface space to be used for |
---|
138 | | - | the geologic storage or sequestration or carbon dioxide. |
---|
139 | | - | (d) No agreement conveying the right to use or occupy a |
---|
140 | | - | storage facility, pore space, and potentially the surface or |
---|
141 | | - | subsurface of the land incident thereto shall convey any other |
---|
142 | | - | right of real property use, including oil, gas, or other |
---|
143 | | - | minerals within the same instrument. Any agreement that |
---|
144 | | - | violates this subsection is void; provided, however, this |
---|
145 | | - | subsection shall not apply to any agreement executed before |
---|
146 | | - | October 1, 2024. |
---|
147 | | - | (e) The owner of any pore space right shall have no |
---|
148 | | - | right to use the surface estate beyond that set out in a |
---|
149 | | - | properly executed instrument nor in any manner that will |
---|
150 | | - | adversely affect any existing easement, whether public or |
---|
151 | | - | private. |
---|
152 | | - | (f) Nothing in this section shall alter, amend, |
---|
153 | | - | diminish, or invalidate any right to the use of pore space |
---|
| 124 | + | the State Oil and Gas Board; to provide that the board may |
---|
| 125 | + | amalgamate storage rights for a carbon dioxide storage |
---|
| 126 | + | facility under certain circumstances; to create the |
---|
| 127 | + | Underground Carbon Dioxide Storage Facility Administrative |
---|
| 128 | + | Fund to be used by the board in monitoring and regulating |
---|
| 129 | + | active storage facilities; to create the Underground Carbon |
---|
| 130 | + | Dioxide Storage Facility Trust Fund to be used by the board in |
---|
| 131 | + | long-term monitoring and management of closed storage |
---|
| 132 | + | facilities; to create a certificate of project closure and |
---|
| 133 | + | completion and provide for its issuance and implications; to |
---|
| 134 | + | authorize the Commissioner of Conservation and Natural |
---|
| 135 | + | Resources to lease pore space of certain lands for underground |
---|
| 136 | + | storage of carbon dioxide; and to further provide for the |
---|
| 137 | + | board's rulemaking authority. |
---|
| 138 | + | BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: |
---|
| 139 | + | Section 1. Sections 9-17-150, 9-17-151, 9-17-152, |
---|
| 140 | + | 9-17-153, 9-17-154, 9-17-155, 9-17-156, and 9-17-157, Code of |
---|
| 141 | + | Alabama 1975, shall be designated as Division 1 of Article 6, |
---|
| 142 | + | Chapter 17, Title 9 of the Code of Alabama 1975. |
---|
| 143 | + | Section 2. Division 2 is added to Article 6 of Chapter |
---|
| 144 | + | 17, Title 9 of the Code of Alabama 1975, commencing with |
---|
| 145 | + | Section 9-17-160, to read as follows: |
---|
| 146 | + | Division 2. |
---|
| 147 | + | §9-17-160 |
---|
| 148 | + | For the purposes of this division, the term "pore |
---|
| 149 | + | space" means subsurface space that can be used for the |
---|
| 150 | + | geologic storage or sequestration of carbon dioxide and |
---|
| 151 | + | incidental substances that are part of the carbon dioxide |
---|
| 152 | + | capture, transportation, or storage process. |
---|
183 | | - | diminish, or invalidate any right to the use of pore space |
---|
184 | | - | that was acquired by contract or lease prior to October 1, |
---|
185 | | - | 2024. |
---|
186 | | - | (g) In considering approving a storage facility to be |
---|
187 | | - | used for the storage and sequestration of carbon dioxide |
---|
188 | | - | pursuant to this division, the board shall consider both of |
---|
189 | | - | the following: |
---|
190 | | - | (1) Any competing rights of all separately owned |
---|
191 | | - | estates in lands potentially affected by the storage facility, |
---|
192 | | - | giving due consideration of competing rights as to existing or |
---|
193 | | - | future uses by pore space, surface, and mineral owners that |
---|
194 | | - | may be affected. |
---|
195 | | - | (2) The distance of the storage facility from any |
---|
196 | | - | current or future underground mining operation or other |
---|
197 | | - | underground operation designed and operated for the extraction |
---|
198 | | - | of minerals and the potential impact on the safety of these |
---|
199 | | - | operations. |
---|
200 | | - | (h) Other than as may regard a claim to an ownership |
---|
201 | | - | interest in pore space, nothing in this division shall be |
---|
202 | | - | construed to change, alter, diminish, or in any way affect the |
---|
203 | | - | statutory or common law as of October 1, 2024, as it relates |
---|
204 | | - | to the rights belonging to surface and mineral estates. |
---|
205 | | - | §9-17-162 |
---|
206 | | - | For a storage facility that is used for the storage |
---|
207 | | - | and sequestration of carbon dioxide, all of the following |
---|
208 | | - | shall apply: |
---|
209 | | - | (1) A storage operator shall adhere to all rules |
---|
210 | | - | adopted by the board relating to the underground storage of |
---|
211 | | - | carbon dioxide. |
---|
| 182 | + | capture, transportation, or storage process. |
---|
| 183 | + | §9-17-161 |
---|
| 184 | + | (a) The ownership of pore space in all strata below the |
---|
| 185 | + | surface lands and waters of this state is vested in the owners |
---|
| 186 | + | of the surface rights above the underlying strata where the |
---|
| 187 | + | pore space exists, unless the ownership interest in the pore |
---|
| 188 | + | space has previously been severed from the surface ownership |
---|
| 189 | + | or is explicitly excluded or reserved in a conveyance. |
---|
| 190 | + | (b) A conveyance of the surface ownership of real |
---|
| 191 | + | property shall be a conveyance of the pore space in all strata |
---|
| 192 | + | below the surface of the real property unless the ownership |
---|
| 193 | + | interest in the subsurface pore space has previously been |
---|
| 194 | + | severed from the surface ownership or is explicitly excluded |
---|
| 195 | + | or reserved in the conveyance. The ownership of pore space in |
---|
| 196 | + | strata may be conveyed in the manner provided by law for the |
---|
| 197 | + | transfer of surface interests in real property. |
---|
| 198 | + | (c) No previous agreement conveying or reserving oil, |
---|
| 199 | + | gas, or other mineral interests in real property shall act to |
---|
| 200 | + | convey or reserve ownership of any pore space or carbon |
---|
| 201 | + | dioxide storage rights in the stratum unless the agreement |
---|
| 202 | + | explicitly conveys or reserves subsurface space to be used for |
---|
| 203 | + | the geologic storage or sequestration or carbon dioxide. |
---|
| 204 | + | (d) No agreement conveying the right to use or occupy a |
---|
| 205 | + | storage facility, pore space, and potentially the surface or |
---|
| 206 | + | subsurface of the land incident thereto shall convey any other |
---|
| 207 | + | right of real property use, including oil, gas, or other |
---|
| 208 | + | minerals within the same instrument. Any agreement that |
---|
| 209 | + | violates this subsection is void; provided, however, this |
---|
| 210 | + | subsection shall not apply to any agreement executed before |
---|
| 240 | + | subsection shall not apply to any agreement executed before |
---|
| 241 | + | October 1, 2024. |
---|
| 242 | + | (e) The owner of any pore space right shall have no |
---|
| 243 | + | right to use the surface estate beyond that set out in a |
---|
| 244 | + | properly executed instrument nor in any manner that will |
---|
| 245 | + | adversely affect any existing easement, whether public or |
---|
| 246 | + | private. |
---|
| 247 | + | (f) Nothing in this section shall alter, amend, |
---|
| 248 | + | diminish, or invalidate any right to the use of pore space |
---|
| 249 | + | that was acquired by contract or lease prior to October 1, |
---|
| 250 | + | 2024. |
---|
| 251 | + | (g) In considering approving the use of an underground |
---|
| 252 | + | reservoir as a storage facility for the storage and |
---|
| 253 | + | sequestration of carbon dioxide pursuant to this division, the |
---|
| 254 | + | board shall consider any potentially competing rights of |
---|
| 255 | + | separately owned property interests to be included in the |
---|
| 256 | + | storage facility, including reasonable accommodation of |
---|
| 257 | + | competing rights of existing or imminent uses by pore space, |
---|
| 258 | + | surface, or mineral owners that will be affected by the |
---|
| 259 | + | storage facility. |
---|
| 260 | + | §9-17-162 |
---|
| 261 | + | For a storage facility that is used for the storage |
---|
| 262 | + | and sequestration of carbon dioxide, all of the following |
---|
| 263 | + | shall apply: |
---|
| 264 | + | (1) A storage operator shall adhere to all rules |
---|
| 265 | + | adopted by the board relating to the underground storage of |
---|
244 | | - | facility's pore space and storage rights for carbon dioxide. |
---|
245 | | - | (3) A storage operator shall obtain the consent of |
---|
246 | | - | persons that own not less than 66 and two-thirds percent of a |
---|
247 | | - | storage facility's pore space and storage rights for carbon |
---|
248 | | - | dioxide. |
---|
249 | | - | (4) Upon a storage operator obtaining the consent of |
---|
250 | | - | persons that own not less than 66 and two-thirds percent of a |
---|
251 | | - | storage facility's pore space and storage rights for carbon |
---|
252 | | - | dioxide, the board, after providing notice and a public |
---|
253 | | - | hearing, may enter an order to amalgamate and pool the pore |
---|
254 | | - | space and storage rights for carbon dioxide owned by |
---|
255 | | - | non-consenting owners into the storage facility on terms that |
---|
256 | | - | are just and reasonable as determined by the board. |
---|
257 | | - | (5) All non-consenting owners of a storage facility's |
---|
258 | | - | pore space and storage rights for carbon dioxide shall be |
---|
259 | | - | fairly and equitably compensated. |
---|
260 | | - | (6) A storage operator shall use commercially |
---|
261 | | - | reasonable efforts to limit the adverse surface-use impact |
---|
262 | | - | upon the lands of non-consenting owners of a storage |
---|
263 | | - | facility's pore space and storage rights. |
---|
264 | | - | (7) A storage operator seeking approval to operate in |
---|
265 | | - | the Blue Creek or Mary Lee coal seams in Jefferson, |
---|
266 | | - | Tuscaloosa, or Walker counties or within a 10-mile radius of |
---|
267 | | - | any coal mine operation shall obtain the written consent of |
---|
268 | | - | the coal mine operator and mineral owner with an operation or |
---|
269 | | - | mineral interest in such seams or within such radius; |
---|
299 | | - | mineral interest in such seams or within such radius; |
---|
300 | | - | provided, however, that such consent shall not be unreasonably |
---|
301 | | - | withheld or delayed. |
---|
| 298 | + | to obtain the consent of all persons that own a storage |
---|
| 299 | + | facility's pore space and storage rights for carbon dioxide. |
---|
| 300 | + | (3) A storage operator shall obtain the consent of |
---|
| 301 | + | persons that own not less than 60 percent of a storage |
---|
| 302 | + | facility's pore space and storage rights for carbon dioxide. |
---|
| 303 | + | (4) Upon a storage operator obtaining the consent of |
---|
| 304 | + | persons that own not less than 60 percent of a storage |
---|
| 305 | + | facility's pore space and storage rights for carbon dioxide, |
---|
| 306 | + | the board, after providing notice and a public hearing, may |
---|
| 307 | + | enter an order to amalgamate and pool the pore space and |
---|
| 308 | + | storage rights for carbon dioxide owned by non-consenting |
---|
| 309 | + | owners into the storage facility on terms that are just and |
---|
| 310 | + | reasonable as determined by the board. |
---|
| 311 | + | (5) All non-consenting owners of a storage facility's |
---|
| 312 | + | pore space and storage rights for carbon dioxide shall be |
---|
| 313 | + | fairly and equitably compensated. |
---|
315 | | - | principal. Any interest earned on the fund shall be deposited |
---|
316 | | - | into the fund. |
---|
317 | | - | (4) The fund shall be paid out only by warrant of the |
---|
318 | | - | Comptroller upon the State Treasury, upon itemized vouchers, |
---|
319 | | - | approved by the State Oil and Gas Supervisor; provided, that |
---|
320 | | - | no funds shall be withdrawn or expended except as budgeted and |
---|
321 | | - | allotted according to the provisions of Sections 41-4-80 |
---|
322 | | - | through 41-4-96 and Sections 41-19-1 through 41-19-12, and |
---|
323 | | - | only in amounts as stipulated in the general appropriation or |
---|
324 | | - | other appropriation bills; provided further, that any funds |
---|
325 | | - | unspent and unencumbered at the end of any state fiscal year |
---|
326 | | - | shall not be transferred into the State General Fund. |
---|
327 | | - | (b)(1) The Underground Carbon Dioxide Storage Facility |
---|
| 356 | + | obtain the highest return possible while preserving the |
---|
| 357 | + | principal. Any interest earned on the fund shall be deposited |
---|
| 358 | + | into the fund. |
---|
| 359 | + | (4) The fund shall be paid out only by warrant of the |
---|
| 360 | + | Comptroller upon the State Treasury, upon itemized vouchers, |
---|
| 361 | + | approved by the State Oil and Gas Supervisor; provided, that |
---|
| 362 | + | no funds shall be withdrawn or expended except as budgeted and |
---|
| 363 | + | allotted according to the provisions of Sections 41-4-80 |
---|
| 364 | + | through 41-4-96 and Sections 41-19-1 through 41-19-12, and |
---|
| 365 | + | only in amounts as stipulated in the general appropriation or |
---|
| 366 | + | other appropriation bills; provided further, that any funds |
---|
| 367 | + | unspent and unencumbered at the end of any state fiscal year |
---|
| 368 | + | shall not be transferred into the State General Fund. |
---|
357 | 369 | | (b)(1) The Underground Carbon Dioxide Storage Facility |
---|
358 | 370 | | Trust Fund is created in the State Treasury. |
---|
359 | 371 | | (2) The fund shall consist of any fees levied by the |
---|
360 | 372 | | board pursuant to 9-17-151(d) and all monies received by the |
---|
361 | 373 | | board to measure, monitor, and verify underground carbon |
---|
362 | 374 | | dioxide storage facilities following the plugging and |
---|
363 | 375 | | abandonment of all injection wells in accordance with board |
---|
364 | 376 | | rules, issuance of a certificate of project closure and |
---|
365 | 377 | | completion, and release of all financial assurance instruments |
---|
366 | 378 | | for a storage facility. The board shall adopt rules as |
---|
367 | 379 | | necessary to collect monies for the fund in an amount |
---|
368 | 380 | | reasonably calculated to pay the costs of measuring, |
---|
369 | 381 | | monitoring, and verifying the sites. |
---|
370 | 382 | | (3) Monies in the fund shall only be used for the |
---|
371 | 383 | | following purposes: |
---|
372 | 384 | | a. Testing, monitoring, and long-term inspection of |
---|
473 | 485 | | shall only be issued after all of the following have been |
---|
474 | 486 | | satisfied: |
---|
475 | 487 | | (1) Notice and a public hearing on the issuance of the |
---|
476 | 488 | | certificate are provided pursuant to Section 9-17-152(a). |
---|
477 | 489 | | (2) The board has consulted with the Alabama Department |
---|
478 | 490 | | of Environmental Management regarding issuing the certificate. |
---|
479 | 491 | | (3) Ten or more years have passed from the date carbon |
---|
480 | 492 | | dioxide injection into the storage facility ended. |
---|
481 | 493 | | (4) The storage operator has demonstrated all of the |
---|
482 | 494 | | following to the satisfaction of the board: |
---|
483 | 495 | | a. The storage facility is in full compliance with all |
---|
484 | 496 | | governing laws and rules. |
---|
485 | 497 | | b. The storage facility is reasonably expected to |
---|
486 | 498 | | retain the carbon dioxide. |
---|
487 | 499 | | c. The carbon dioxide in the storage facility is |
---|
488 | 500 | | stable. For purposes of this paragraph, carbon dioxide is |
---|
489 | | - | stable if it is essentially stationary or, if it is migrating |
---|
490 | | - | or may migrate, migration is unlikely to cross the underground |
---|
491 | | - | reservoir boundary and is not expected to endanger any |
---|
492 | | - | underground source of drinking water. |
---|
493 | | - | d. All wells, equipment, and facilities to be used in |
---|
494 | | - | the post-closure period are in good condition and retain |
---|
495 | | - | mechanical integrity. |
---|
496 | | - | e. All injection wells have been plugged, all related |
---|
497 | | - | equipment and facilities used during the pre-closure period |
---|
498 | | - | not necessary for long-term monitoring have been removed, and |
---|
499 | | - | all reclamation work required by the board has been completed. |
---|
500 | | - | (d) Upon the issuance of a certificate of project |
---|
501 | | - | closure and completion, all of the following shall occur: |
---|
| 530 | + | stable. For purposes of this paragraph, carbon dioxide is |
---|
| 531 | + | stable if it is essentially stationary or, if it is migrating |
---|
| 532 | + | or may migrate, migration is unlikely to cross the underground |
---|
| 533 | + | reservoir boundary and is not expected to endanger any |
---|
| 534 | + | underground source of drinking water. |
---|
| 535 | + | d. All wells, equipment, and facilities to be used in |
---|
| 536 | + | the post-closure period are in good condition and retain |
---|
| 537 | + | mechanical integrity. |
---|
| 538 | + | e. All injection wells have been plugged, all related |
---|
| 539 | + | equipment and facilities used during the pre-closure period |
---|
| 540 | + | not necessary for long-term monitoring have been removed, and |
---|
| 541 | + | all reclamation work required by the board has been completed. |
---|
| 542 | + | (d) Upon the issuance of a certificate of project |
---|
531 | 543 | | closure and completion, all of the following shall occur: |
---|
532 | 544 | | (1) Title to equipment and facilities necessary for |
---|
533 | 545 | | long-term monitoring and all carbon dioxide injected into the |
---|
534 | 546 | | storage facility, without payment of any compensation, shall |
---|
535 | 547 | | transfer to the state. Title acquired by the state includes |
---|
536 | 548 | | all rights and interests in, and all responsibilities and |
---|
537 | 549 | | liabilities associated with, all equipment and facilities used |
---|
538 | 550 | | for long-term monitoring and the stored carbon dioxide within |
---|
539 | 551 | | the storage facility. A storage operator may not transfer to |
---|
540 | 552 | | the state, and the state may not accept, any property |
---|
541 | 553 | | interests or rights that the storage operator does not own or |
---|
542 | 554 | | have the authority to transfer. |
---|
543 | 555 | | (2) The storage operator and all persons that generated |
---|
544 | 556 | | any injected carbon dioxide shall be released from all |
---|
545 | 557 | | regulatory requirements associated with the storage facility. |
---|
546 | 558 | | (3) The storage operator shall be released from all |
---|