§ 570.3. Application of act
Oklahoma Statutes AnnotatedTitle 52. Oil and Gas
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 emergency effective legislation through Chapter 317 of the First Regular Session of the 59th Legislature (2023). Some sections may be more current, see credits for details.
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