The Oklahoma Energy Resources Board (abbreviated OERB) is an agency of the state of Oklahoma. Funded voluntarily by Oklahoma's oil and natural gas producers and royalty owners, the OERB conducts environmental restoration of orphaned and abandoned well sites, encourages the wise and efficient use of energy, and promotes energy education. Unique is the OERB's funding process – though it is funded by a 0.1% assessment on oil and gas sales (not uncommon among similar agencies), it is a voluntary assessment. Any producer or royalty owner may opt out of the program by requesting OERB (between January 1 and March 31 of each year) for a refund of previously paid assessments. The OERB states that over 95% of participants remain in the program. More information...
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