§52-603. Definitions.
As used in this act: 1. “Commission” means the Corporation Commission of Oklahoma; 2. “Energy resource assets” means assets located in this state which consist of oil, gas, coal and other hydrocarbons in solid, liquid or gaseous form or any combinations of such forms, any rights for the exploration, development or production of such assets, […]
§52-570.13. Promulgation of rules.
The Corporation Commission shall promulgate rules, as needed, in furtherance of the purposes of the Production Revenue Standards Act, including but not limited to a schedule of equitable fees and expense reimbursements from working interest owners sufficient to cover the actual costs incurred by the operator to perform duties required by the Production Revenue Standards […]
§52-604. Transfers prohibited.
No person shall effect, aid or assist in effecting a transfer in violation of this act. Added by Laws 1985, c. 2, § 4, emerg. eff. Feb. 13, 1985.
§52-570.14. Jurisdiction of district courts – Rulemaking power of Corporation Commission – Right of action of injured owner and costs of suit – Statute of limitations.
A. The district courts within this state shall have the sole and exclusive jurisdiction to determine the entitlement of any owner in a well to: 1. Its share of proceeds from production; or 2. Damages, interest, court costs, attorneys’ fees or allowable litigation expenses incurred as a result of the violation of this act. B. […]
§52-605. Exempted transfers.
The following transfers are exempted from the provisions of this act: 1. Transfers in the ordinary course of business. For the purposes of this act, transfers in the ordinary course of business shall include but not be limited to: a.the granting of a lease to explore and produce an energy resource asset, b.the assignment of […]
§52-570.15. Performance pursuant to act – Satisfaction of duties and obligation.
Notwithstanding the effective dates of various provisions of the Production Revenue Standards Act, performance under the terms of the Production Revenue Standards Act which causes proper payment of proceeds to owners legally entitled thereto for sales of gas production subsequent to the date of enactment but prior to the effective date of the Production Revenue […]
§52-581.1. Short title.
Sections 18 through 26 of this act and Section 546 of Title 52 of the Oklahoma Statutes shall be known and may be cited as the “Natural Gas Market Sharing Act”. Added by Laws 1992, c. 190, § 18, eff. Sept. 1, 1992.
§52-549.5. Oil and gas commingling.
COMMINGLING If oil or gas in which there exists more than one oil and gas lien is commingled with other oil or gas in such a manner that the identity of the specific oil or gas is lost, then the oil and gas lien continues without interruption into and attaches to any such resulting commingled […]
§52-570.1. Short title.
Sections 1 through 15 of this act shall be known and may be cited as the “Production Revenue Standards Act”. Added by Laws 1992, c. 190, § 1, eff. Sept. 1, 1992.
§52-549.6. Rights of purchaser.
RIGHTS OF PURCHASERS A purchaser takes free of any oil and gas lien otherwise applicable to the oil or gas so purchased, and shall be relieved of any obligations created by subsection A of Section 570.10 of Title 52 of the Oklahoma Statutes, only in the event that either of the following occur: 1. The […]