{"data":{"id":"us-ok/okla.-stat.-tit.-52-52-474","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 52, § 52-474","heading":"Sales, purchases and deliveries - Adjustment of contract","body":"prices.\n\nEach and every sale, and each and every purchase, delivery and\n\nreceipt of gas by volume hereafter made in this state by, for or on\n\nbehalf of an oil and gas lease owner, royalty owner thereunder, or\n\nother mineral interest owner, shall be made and such gas shall be\n\nmeasured, calculated, purchased, delivered and accounted for on the\n\nbasis of \"a standard cubic foot of gas\" as defined in Section 2, and\n\nas determined under this act. Whenever the provisions of this act\n\noperate to change the basis of measurement provided for in existing\n\ncontracts, then the price for gas, including royalty gas, provided\n\nfor in such contracts shall, if either the purchaser or seller so\n\ndesires, be adjusted to compensate for the change in the method of\n\nmeasuring the volume of gas delivered thereunder. This provision is\n\nintended to protect parties to contracts now in existence, so that\n\nafter this act becomes effective the total amount of money paid for\n\na volume of gas purchased, or required to be accounted for, under\n\nexisting contracts shall remain unaffected by this act.\n\nNothing in this section shall affect or apply to purchases or\n\nsales made on any basis other than a volume basis.","path":["OK Code","Title 52"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os52.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"5a7048dd7f767904301307330b3cd6bb36b5c59e07cb264d505a97010d250ffe","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-52-52-473","next":"us-ok/okla.-stat.-tit.-52-52-475"},"notice":"GroundRules: Original legal text. Not legal advice."}