Okla. Stat. tit. 68, § 68-1102

This is the official text of Okla. Stat. tit. 68, § 68-1102, part of Oklahoma’s Stat. tit. 68, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 68,." Browse the sections below, each linked to its official government source.

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Excise tax on gas - Additional tax

Official statutory text

A. Prior to July 1, 2026, and as provided in Section 1103.1 of

this title, there is hereby levied, in addition to the gross

production tax, an excise tax equal to ninety-five one thousandths

of one percent (.095 of 1%) of the gross value of all natural gas

and/or casinghead gas produced in this state which is subject to

gross production tax in this state. Such excise tax of ninety-five

one thousandths of one percent (.095 of 1%) of the gross value shall

be reported to and collected by the Tax Commission at the same time

and in the same manner as is provided by law for the collection of

gross production tax on natural gas and/or casinghead gas, and this

excise tax shall apply in all cases where the gross production tax

provided for by law applies to the production of natural gas and/or

casinghead gas. The excise tax shall be paid by the purchaser, who

is hereby authorized to deduct in making settlement with the

producer and/or royalty owner the amount of tax so paid; provided,

however, that if such natural gas and/or casinghead gas is retained

by the producer, then the tax shall be paid by the producer, who

shall have the right to deduct the amount of tax so paid on royalty

gas at the time of settlement with the royalty owner.

The provisions of this subsection shall terminate on June 30,

2026.

B. Beginning on July 1, 2026, there is hereby levied, in

addition to the gross production tax, an excise tax equal to eighty-

five one thousandths of one percent (.085 of 1%) of the gross value

of all natural gas and/or casinghead gas produced in this state

which is subject to gross production tax in this state. Such excise

tax of eighty-five one thousandths of one percent (.085 of 1%) of

the gross value shall be reported to and collected by the Tax

Commission at the same time and in the same manner as is provided by

law for the collection of gross production tax on natural gas and/or

Oklahoma Statutes - Title 68. Revenue and Taxation Page 409

casinghead gas, and this excise tax shall apply in all cases where

the gross production tax provided for by law applies to the

production of natural gas and/or casinghead gas. The excise tax

shall be paid by the purchaser, who is hereby authorized to deduct

in making settlement with the producer and/or royalty owner the

amount of tax so paid; provided, however, that if such natural gas

and/or casinghead gas is retained by the producer, then the tax

shall be paid by the producer, who shall have the right to deduct

the amount of tax so paid on royalty gas at the time of settlement

with the royalty owner.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.