Oklahoma Statutes (Last Updated: September 18, 2014)

§ 52-581.2. Purpose and intent of act.

Latest version.

It is the purpose and intent of the Natural Gas Market Sharing Act to protect the rights and correlative rights of all owners in wells producing natural gas including but not limited to casinghead gas and to afford all such owners an equal opportunity to produce and market their share of gas and to receive the proceeds derived therefrom. It is further the intent of the Natural Gas Market Sharing Act to protect such owners against discrimination in purchases in favor of one owner as against another.

Added by Laws 1983, c. 77, § 1, emerg. eff. May 3, 1983. Amended by Laws 1992, c. 190, § 19, eff. Sept. 1, 1992. Renumbered from § 541 of this title by Laws 1992, c. 190, § 29.

                    
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