The State Oil and Gas Regulatory Exchange (the Exchange) is a collaborative effort of the Interstate Oil and Gas Compact Commission and the Ground Water Protection Council. Both of these organizations comprise memberships of state governments. 

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The Exchange facilitates multi-state collaboration and innovative regulatory solutions for oil and natural gas producing states. States regulatory programs have been at the forefront of oil and gas exploration and production since the 1930s.

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As a collaboration of state governments, the Exchange is in the unique position to coordinate efforts between the federal government and states to ensure that advances in regulatory regimes are efficient and effective.