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

Okla. Stat. tit. 84, § 84-271.1: Abandoned mineral interests

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Where this section sits in the code
  1. OK Code
  2. Title 84

If the proceeds or other intangible property interest from any

mineral interests are abandoned for a period of fifteen (15) years,

as provided for in the Uniform Unclaimed Property Act, then the

mineral interest which generates the intangible property interest

shall not be subject to escheat, but shall be subject to judicial

sale by the state as provided for in Sections 273 through 277 of

this title.

If a judgment is rendered in favor of the state in such

proceedings, a sale of the mineral interest shall be ordered, then:

1. All abandoned mineral interests within a single production

unit shall be grouped together as far as practicable for purposes of

sale; and

2. Any interest sold by the state shall remain subject to all

prior valid pooling and drilling orders, rules, or regulations of

the Corporation Commission; and

3. The record owner or owners of the surface from which

abandoned mineral interests have been severed shall be mailed at the

last-known address as shown by the records of the county treasurer a

notice of the sale of such abandoned mineral interest at least

thirty (30) days prior to said sale; and

4. The successful bidder at said sale shall pay the costs and

expenses of bringing the action as determined by the court.

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

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