{"data":{"id":"us-ok/okla.-stat.-tit.-52-52-581.3","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 52, § 52-581.3","heading":"Definitions","body":"As used in the Natural Gas Market Sharing Act:\n\n1. \"Designated marketer\" means the operator of the well or a\n\nproducing owner substituted for the operator as provided in Section\n\n22 of this act;\n\n2. \"Electing owner\" means any owner who elects to produce and\n\nmarket its share of production pursuant to the provisions of this\n\nact;\n\n3. \"Nonexempt sales\" means those gas sales which are subject to\n\nthe provisions of this act and do not qualify for exemptions as set\n\nforth in Section 21 of this act;\n\n4. \"Overproduced owner\" means an owner who has produced and\n\nsold a volume of gas in excess of his working interest percentage of\n\ncumulative sales from a well;\n\n5. \"Owner\" means a person or persons who own a working interest\n\nin a well;\n\n6. \"Producing owner\" means an owner who produces and sells gas\n\nfrom a well for its own account; and\n\n7. \"Working interest\" means the interest in a well, calculated\n\nprior to deduction for royalty, overriding royalty and other non-\n\ncost-bearing interests burdening production, entitling the owner\n\nthereof to drill for and produce oil and gas, including the interest\n\nof a participating mineral owner to the extent set forth in Section\n\n87.1 of Title 52 of the Oklahoma Statutes.","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":"0d70afbe8d6294678c72410387fd1bfa4679e58fad31cbb73066e1f633407156","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-52-52-581.2","next":"us-ok/okla.-stat.-tit.-52-52-581.4"},"notice":"GroundRules: Original legal text. Not legal advice."}
