{"data":{"id":"us-ok/okla.-stat.-tit.-17-17-517","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 17, § 17-517","heading":"Payment of proceeds - Times - Information accompanying","body":"payment - Violation - Jurisdiction of district court - Court costs\n\nand fees.\n\nA. The proceeds derived from the sale of brine, solution gas or\n\nbrine and solution gas production shall be paid to persons legally\n\nentitled thereto, commencing no later than six (6) months after the\n\ndate of first sale, and thereafter no later than sixty (60) days\n\nafter the end of the calendar month within which proceeds are\n\nreceived for subsequent production. In those instances where\n\nproceeds are not received for disposition of brine, solution gas or\n\nbrine and solution gas production due to venting, flaring, use for\n\noperations, nonpayment from purchasers, or any other cause, the time\n\nperiods previously specified within which any required payment shall\n\nbe paid to the persons legally entitled thereto shall be measured\n\nfrom the date on which such venting, flaring, use for operations,\n\nnonpayment or other event occurred. Provided, proceeds from the\n\nsale of brine and solution gas from lands covered by a pending\n\napplication for unitization pursuant to this act shall be paid to\n\npersons legally entitled thereto within six (6) months from the\n\nentry of a final order of unitization, together with interest\n\nthereon at the rate of six percent (6%) per annum to be compounded\n\nannually, calculated from the date of first sale after the filing of\n\nthe application for unitization. Such payment is to be made to\n\npersons entitled thereto by the operator of such production.\n\nProvided, such operator may remit to the persons entitled to such\n\nproceeds from production semiannually for the aggregate of six (6)\n\nmonths' accumulation of monthly proceeds of amounts less than\n\nTwenty-five Dollars ($25.00). Further provided, that any delay in\n\ndetermining the persons legally entitled to an interest in such\n\nproceeds from production caused by unmarketable title to such\n\ninterest shall not affect payments to persons whose title is\n\nmarketable. Provided, however, that in those instances where such\n\nproceeds cannot be paid because the title thereto is not marketable,\n\nthe operator of such production shall cause all proceeds due such\n\ninterest to earn interest at the rate of six percent (6%) per annum\n\nto be compounded annually, calculated from the last day of the\n\nproduction month, until such time as the title to such interest has\n\nbeen perfected. Marketability of title shall be determined in\n\naccordance with the then current title examination standards of the\n\nOklahoma Bar Association.\n\nB. The following information shall be included with each\n\npayment made to a brine owner from the sale of brine:\n\n1. Unit identification;\n\n2. Month and year of sales included in the payment;\n\n3. Total volume of production from the unit of brine, solution\n\ngas and concentration of chemical substances contained therein and\n\nvolumes extracted therefrom;\n\n4. Owner's interest, expressed as a decimal, in production from\n\nthe unit;\n\n5. Total value of extracted chemical substances and solution\n\ngas, including the price per unit of measurement at which the\n\nproducts were sold;\n\n6. Owner's share of the total value of sales prior to any\n\ndeductions;\n\n7. Owner's share of the total value of sales after any\n\ndeductions; and\n\n8. A specific detailed listing of the amount and purpose of any\n\ndeductions, including, but not limited to BTU adjustments and taxes,\n\nfrom the gross proceeds due to the owner.\n\nC. Any operator that violates this section shall be liable to\n\nthe persons legally entitled to the proceeds from production for the\n\nunpaid amount of such proceeds with interest thereon at the rate of\n\ntwelve percent (12%) per annum to be compounded annually, calculated\n\nfrom the last day of the production month.\n\nD. The district court for the county in which the unit is\n\nlocated shall have jurisdiction over all proceedings brought\n\npursuant to this section. The prevailing party in any proceeding\noceeds from production for the\n\nunpaid amount of such proceeds with interest thereon at the rate of\n\ntwelve percent (12%) per annum to be compounded annually, calculated\n\nfrom the last day of the production month.\n\nD. The district court for the county in which the unit is\n\nlocated shall have jurisdiction over all proceedings brought\n\npursuant to this section. The prevailing party in any proceeding\n\nbrought pursuant to this section shall be entitled to recover any\n\ncourt costs and reasonable expert witness and attorney's fees.","path":["OK Code","Title 17"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os17.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"06b13c4f2765212b5087837449c0025607340961b9fb57e5dbd47240bfe1f503","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-17-17-516","next":"us-ok/okla.-stat.-tit.-17-17-518"},"notice":"GroundRules: Original legal text. Not legal advice."}