Okla. Admin. Code § 165:10-27-1
Current through Vol. 42, No. 7, December 16, 2024
This Subchapter implements the Production Revenue Standards Act of 1992, codified at 52 O.S. Section 570.1, et seq. It shall apply to all producing wells as set forth in the Production Revenue Standards Act of 1992. However, Sections 165:10-27-4 through 165:10-27-10 shall not apply to any well which is a part of a compulsory enhanced recovery project, or where royalty remittance is otherwise regulated by written agreement among all owners in the well. This Subchapter is intended to supplement and clarify as needed the language in the statutes.
Okla. Admin. Code § 165:10-27-1