A bill for an act relating to oil and gas production, including filing requirements, the authority of the department of natural resources, confidential information, and pooling orders.

SF 2449 updates Iowa's oil and gas regulations by requiring annual filings from producers with the Department of Natural Resources, including business details, organizational plans, and contact information. It establishes clearer rules for confidential information, allowing producers to protect certain data like lease terms, geological records, or commercial negotiations for up to five years. The bill also modifies pooling order rules to better define how wells are spaced in shared reservoirs, ensuring fair production sharing and preventing waste. These changes directly affect oil and gas companies operating in Iowa and the state's regulatory agency.