Okla. Stat. tit. 52, § 52-581.3
This is the official text of Okla. Stat. tit. 52, § 52-581.3, 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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Definitions
Official statutory text
As used in the Natural Gas Market Sharing Act:
1. "Designated marketer" means the operator of the well or a
producing owner substituted for the operator as provided in Section
22 of this act;
2. "Electing owner" means any owner who elects to produce and
market its share of production pursuant to the provisions of this
act;
3. "Nonexempt sales" means those gas sales which are subject to
the provisions of this act and do not qualify for exemptions as set
forth in Section 21 of this act;
4. "Overproduced owner" means an owner who has produced and
sold a volume of gas in excess of his working interest percentage of
cumulative sales from a well;
5. "Owner" means a person or persons who own a working interest
in a well;
6. "Producing owner" means an owner who produces and sells gas
from a well for its own account; and
7. "Working interest" means the interest in a well, calculated
prior to deduction for royalty, overriding royalty and other non-
cost-bearing interests burdening production, entitling the owner
thereof to drill for and produce oil and gas, including the interest
of a participating mineral owner to the extent set forth in Section
87.1 of Title 52 of the Oklahoma Statutes.
1. "Designated marketer" means the operator of the well or a
producing owner substituted for the operator as provided in Section
22 of this act;
2. "Electing owner" means any owner who elects to produce and
market its share of production pursuant to the provisions of this
act;
3. "Nonexempt sales" means those gas sales which are subject to
the provisions of this act and do not qualify for exemptions as set
forth in Section 21 of this act;
4. "Overproduced owner" means an owner who has produced and
sold a volume of gas in excess of his working interest percentage of
cumulative sales from a well;
5. "Owner" means a person or persons who own a working interest
in a well;
6. "Producing owner" means an owner who produces and sells gas
from a well for its own account; and
7. "Working interest" means the interest in a well, calculated
prior to deduction for royalty, overriding royalty and other non-
cost-bearing interests burdening production, entitling the owner
thereof to drill for and produce oil and gas, including the interest
of a participating mineral owner to the extent set forth in Section
87.1 of Title 52 of the Oklahoma Statutes.
Status: in_force · Read it on the official government site
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