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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 52, § 52-581.3: Definitions

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Where this section sits in the code
  1. OK Code
  2. Title 52

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.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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