Oil and gas; creating the Oil and Gas Modernization Act of 2026; effective date.

This bill establishes the Oil and Gas Modernization Act of 2026 as a standalone law in Oklahoma without adding it to the state statutes. It sets the effective date for the legislation to November 1, 2026, but does not include any specific operational provisions or policy changes. The bill currently only creates a legal title for future regulations and does not directly affect oil and gas operators or the public. As written, it serves as a procedural measure to name and date a legislative framework rather than implementing concrete changes.