Okla. Stat. tit. 52, § 52-274
This is the official text of Okla. Stat. tit. 52, § 52-274, part of Oklahoma’s Stat. tit. 52, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 52,." Browse the sections below, each linked to its official government source.
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Common source of supply - Restrictions on production when
Official statutory text
full production would cause waste - Powers of Corporation Commission
- Discrimination prohibited.
Whenever the full production from any common source of supply of
crude oil or petroleum in this state can only be obtained under
conditions constituting waste, as herein defined, then any person,
firm or corporation, having the right to drill into and produce oil
from any such common source of supply, may take therefrom only such
proportion of all crude oil and petroleum that may be produced
therefrom, without waste, as the production of the well or wells of
Oklahoma Statutes - Title 52. Oil and Gas Page 130
any such person, firm or corporation, bears to the total production
of such common source of supply. The Corporation Commission is
authorized to so regulate the taking of crude oil or petroleum from
any or all such common sources of supply, within the State of
Oklahoma, as to prevent the inequitable or unfair taking, from a
common source of supply, of such crude oil or petroleum, by any
person, firm, or corporation, and to prevent unreasonable
discrimination in favor of any one such common source of supply as
against another.
- Discrimination prohibited.
Whenever the full production from any common source of supply of
crude oil or petroleum in this state can only be obtained under
conditions constituting waste, as herein defined, then any person,
firm or corporation, having the right to drill into and produce oil
from any such common source of supply, may take therefrom only such
proportion of all crude oil and petroleum that may be produced
therefrom, without waste, as the production of the well or wells of
Oklahoma Statutes - Title 52. Oil and Gas Page 130
any such person, firm or corporation, bears to the total production
of such common source of supply. The Corporation Commission is
authorized to so regulate the taking of crude oil or petroleum from
any or all such common sources of supply, within the State of
Oklahoma, as to prevent the inequitable or unfair taking, from a
common source of supply, of such crude oil or petroleum, by any
person, firm, or corporation, and to prevent unreasonable
discrimination in favor of any one such common source of supply as
against another.
Status: in_force · Read it on the official government site
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