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§ 570.3. Application of act

Oklahoma Statutes AnnotatedTitle 52. Oil and Gas

Oklahoma Statutes Annotated
Title 52. Oil and Gas (Refs & Annos)
Chapter 13A. Production Revenue Standards (Refs & Annos)
52 Okl.St.Ann. § 570.3
§ 570.3. Application of act
The Production Revenue Standards Act shall apply to all owners and shall apply to all producing wells, regardless of the date pooled, drilled or of the date of the underlying leases; provided, however, that Sections 4, 5, 6, 7 and 8 of this act1 shall not apply to wells in common sources of supply under unitized management pursuant to Section 287.1 of Title 52 of the Oklahoma Statutes or where royalty remittance is otherwise provided by written agreement among all owners in a well.

Credits

Laws 1992, c. 190, § 3, eff. Sept. 1, 1992.

Footnotes

Title 52, §§ 570.4 to 570.8.
52 Okl. St. Ann. § 570.3, OK ST T. 52 § 570.3
Current with legislation of the Second Regular Session and First and Second Extraordinary Sessions of the 58th Legislature (2022).
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