SB2397 — The temporary exemption for oil and gas wells employing a system to avoid flaring, an exemption from gross production tax for gas produced from certain enhanced oil recovery projects, and the definition of development incentive well; to provide an effective date; and to provide an expiration date.

SB2397 — The temporary exemption for oil and gas wells employing a system to avoid flaring, an exemption from gross production tax for gas produced from certain enhanced oil recovery projects, and the definition of development incentive well; to provide an effective date; and to provide an expiration date. · Informed CitizenrySB 2397 proposes to amend the North Dakota Century Code to create a new subsection regarding a limited exemption for development incentive wells. The bill also amends and reenacts several sections…Open in Informed Citizenry