The State Treasurer shall invest the monies in the Mineral Owner's Fund and shall annually apportion the interest earned as follows:
1. Twenty-five percent (25%) to the Corporation Commission to be used for plugging abandoned oil and gas wells, pursuant to Sections 308 et seq. of this title, not to exceed Three Hundred Thousand Dollars ($300,000.00) per year; provided, that any amount that would cause funds available for that purpose to exceed Five Hundred Thousand Dollars ($500,000.00) in any one (1) year shall remain in the Mineral Owner's Fund;
2. Fifty percent (50%) to the State Treasurer but not more than Two Hundred Thousand Dollars ($200,000.00) per year, to be spent for advertising, personnel and other expenses incurred to search for the rightful owners of unclaimed intangible property generated by mineral interests; and
3. Any remaining interest shall be added to the principal of the Mineral Owner's Fund.
Added by Laws 1983, c. 320, § 5. Amended by Laws 1999, c. 10, § 36, eff. July 1, 1999; Laws 2003, c. 468, § 7, eff. July 1, 2003.
Structure Oklahoma Statutes
§52-1. Corporation Commission or Commission defined.
§52-1.1. Corporations for producing, transmitting or transporting natural gas.
§52-2. Foreign gas pipeline corporations - License.
§52-4. Right-of-way must be granted by charter and damages paid - Damages.
§52-5.1. Cooperation with other agencies.
§52-5.2. Deposit of monies collected in Corporation Commission Revolving Fund.
§52-7. Necessity of incorporation.
§52-8. Plat and information showing trunk lines - Filing with Corporation Commission.
§52-9. Domestic pipeline companies - Erection of pumping stations.
§52-10. Pipeline companies may cross highways, bridges, etc. - Supplying gas to landowner.
§52-21. Businesses and persons subject to act - Vested rights excepted.
§52-22. Pipeline right-of-way - Eminent domain - Highways.
§52-23. Pipeline operators common purchasers - Requirements - Exemptions.
§52-24. Pipeline companies declared common carriers - Discrimination - Exemptions.
§52-24.1. Refusal to purchase or transport natural gas - Complaint - Hearing - Orders.
§52-24.5. Discriminatory fees – Open access – Commission authority.
§52-25. Parties not complying with act not to own gas wells, etc.
§52-27. Right-of-way - Highways - Eminent domain - Foreign corporations - Negligent injuries.
§52-28. Filing records or plats with Corporation Commission - Extension of time.
§52-29. Production levels of gas wells - Rulemaking - Hardship wells - Field rules.
§52-31. Violation of act - Punishment.
§52-32. Violations - Receivership - procedure.
§52-33. Evidence - Certified transcripts of reports of gas companies.
§52-34. Enforcement by Corporation Commission - Appeals.
§52-36.2. Public interest and welfare.
§52-36.4. Certificate of Commission.
§52-36.5. Petition to district court - Examination and determination - Subsequent proceedings.
§52-41. Gas from interstate pipelines - License from Corporation Commission.
§52-44. Gas to be furnished through meters at meter rates - Exceptions.
§52-45. Violations of act misdemeanor - Punishment.
§52-46.1. Ammonia - Commercial fertilizers - Transportation by pipeline.
§52-46.2. Hearing and determination of applications - Appeals.
§52-46.4. Rules and regulations.
§52-47.3. Powers and duties of Commission.
§52-47.4. Inspection, operation and maintenance plan.
§52-47.5. Determination of hazardous transportation system - Corrective action - Emergencies.
§52-47.6. Violations - Penalties.
§52-47.7. Action to redress or restrain violation.
§52-51. Oil companies must comply with statute - "Petroleum" defined.
§52-54. Common purchasers of oil - Required to purchase - Discrimination prohibited.
§52-55. Chapter inapplicable to businesses not of public consequence.
§52-56. Oil carriers are common carriers - Discrimination prohibited.
§52-57. Oil carriers not to be interested in producing.
§52-58. Acceptance of laws and plats to be filed.
§52-59. Domestic pipeline companies have right-of-way.
§52-60. Eminent domain extended to oil pipelines same as railroads.
§52-61. Eminent domain, who may have - Foreign corporations.
§52-62. Commission may extend time for filing plats.
§52-63. Penalty for violations.
§52-64. Suspension of penalty, when.
§52-65. Certified transcript shall be evidence.
§52-86.2. Waste in production of oil - industrial use of water produced
§52-86.4. Common source of supply - Orders, rules and regulations.
§52-86.5. Procedural requirements.
§52-86.6. Short title - Oil and Gas Produced Water and Waste Recycling and Reuse Act.
§52-86.8. Compliance with the Oklahoma Brine Development Act.
§52-87.1. Common source of supply of oil - Well spacing and drilling units.
§52-87.3. Application or petition for location exception - Notice of hearing.
§52-87.4. Affidavit of election for drilling well under pooling order.
§52-87.5. Applications for approval of increased density wells – Notice and hearing.
§52-87.6. Short title - Extended Horizontal Well Development Act - Definitions.
§52-87.7. Corporation Commission jurisdiction.
§52-87.9. Horizontal well unitization for targeted reservoirs.
§52-91. Meters on pipelines - Commission to designate type - Inspection - Cost of operation.
§52-92. Reports - Oil purchased or transported - Forms - Verification.
§52-93. Operators - Books - Oil produced and sold.
§52-94. Maps and drawings - Location of pipelines and connections - Verification.
§52-95. Reports - Quantity of oil produced and moved - Penalty.
§52-96. Verification of reports, statements, maps and drawings.
§52-97. Commission - Jurisdiction to make orders, rules and regulations - Hearings.
§52-98. Powers of Commission - Marshal of Commission.
§52-99. Filing of papers and documents - Use as evidence.
§52-100. Witnesses - Depositions.
§52-101. Procedure - Rules of - Enforcement of orders and rules.
§52-102. Contempt - Punishment - Enforcement of fines - Disposition of fines and penalties.
§52-103. Contempt - Proceedings - How commenced - Complaint - Citation.
§52-104. Right of entry and inspection by conservation officer, his assistants and deputies.
§52-106. Notice on filing of motion or petition.
§52-107. Process - Service - How made - Return.
§52-108. Oaths - Felony of perjury.
§52-109. False verification of documents as perjury - Punishment.
§52-111. Collateral attack on orders, rules and regulations - Appeals - Supreme Court.
§52-112. Application to amend or modify orders - Hearing - Appeal.
§52-113. Appeals - Power of Supreme Court - Supersedeas - Bond.
§52-114. Obstructing or delaying performance of duties a felony.
§52-115. Conspiracy to violate act - Punishment.
§52-116. Violation of orders, rules and regulations - Injunction - Appeal - Supersedeas.
§52-117. Bribery - Punishment.
§52-118. Bribery - Accepting bribe - Punishment.
§52-119. Bribery - State's evidence - Immunity.
§52-120. Powers - Grant of not to restrict general powers.
§52-132. Office of Management and Enterprise Services - Rooms and supplies.
§52-134. Partial invalidity - Effect.
§52-135. Pending actions not terminated.
§52-136. Application of procedural requirements - Right of appeal - Rules and regulations.
§52-138. Partial invalidity, effect of.
§52-140. Earthen storage ponds - Remedial action.
§52-142. Cooperation and assistance of other environmental agencies.
§52-144. Provisions supplemental - Exceptions.
§52-146. Right of condemnation by eminent domain to enforce Commission orders.
§52-147. Institution of condemnation proceedings by lessees.
§52-149. Conservation Division - Creation - Personnel - Duties - Qualifications.
§52-149.1. Oil and gas referees.
§52-149.2. Oil and Gas Appellate Referees.
§52-149.3. Teleconference hearings.
§52-152. Salaries, costs and expenses - Payment.
§52-153. Persons having authority to make investigations, serve orders, etc.
§52-202. Interstate compacts - When binding.
§52-203. Interstate Compact ratified and confirmed.
§52-204. Terms and provisions of compact.
§52-206. Clerical, technical and legal assistants - Expenses - Office.
§52-207. Interstate Oil Compact Fund - Purpose for which used - Disposition of unexpended balance.
§52-208. Duration of Act - Withdrawal from Compact - Credit of funds to General Revenue Fund.
§52-211. Further extensions - Withdrawal from Compact - Determination and necessary steps.
§52-233. Sale of gas - Prices and amounts of gas to be taken - Delivery.
§52-234. Misappropriation of gas - Liability for damages and penalties.
§52-235. Misappropriation of gas - Felony of grand larceny.
§52-239. Common source of supply - Apportionment and regulation to prevent waste.
§52-240. "Common purchaser" - Discrimination in purchases prohibited - Regulation of purchases.
§52-241. Enforcement of act - Hearings before Corporation Commission.
§52-242. Appeals to Supreme Court.
§52-243. Corporation Commission - Authority to make rules and regulations.
§52-244. Pipeline companies - Acceptance of act as prerequisite to right to operate.
§52-245. Mine Inspector - Duties unchanged.
§52-246. Partial invalidity - Effect.
§52-247. Violation - Penalties.
§52-248. Declaration of policy.
§52-250. Natural gas - Pumping of water for irrigation - Preferred use.
§52-251. Prices, terms and conditions - Determination.
§52-253. Initiation of proceedings.
§52-254. Obligation of well operators.
§52-255. Controversies pending.
§52-257. Order granting emergency relief.
§52-272. Production and sale regulated - Corporation Commission, authority of.
§52-273. Waste defined - Regulations to prevent.
§52-275. Wells gauged - Regulation by Corporation Commission - Agents.
§52-276. Enforcement of act - Hearings before Corporation Commission.
§52-277. Appeals to Supreme Court - Effect on orders.
§52-278. Violation - Penalties.
§52-287.1. Legislative finding.
§52-287.2. Power and authority of Commission.
§52-287.3. Matters to be found by Corporation Commission - Requisites of petition.
§52-287.4. Order - Units and unit areas - Plan of unitization.
§52-287.5. Ratification or approval of plan by lessees and owners.
§52-287.6. Procedure - Notice - Appeals.
§52-287.7. Unlawful operation.
§52-287.8. Status and powers of unit - Liability for expenses - Liens.
§52-287.10. Enlargement of area - Creation of new units - Amendment of plan.
§52-287.11. Participation by public lands.
§52-287.12. Receipts as income.
§52-287.15. Agreements not violative of laws governing monopolies or restraint of trade.
§52-288.3. Oklahoma Energy Resources Board.
§52-288.5. Board - Powers, duties and responsibilities.
§52-288.5A. Committee for Sustaining Oklahoma's Energy Resources.
§52-288.5B. Sustaining Oklahoma's Energy Resources Revolving Fund.
§52-288.5D. Levying fee to fund Commission.
§52-288.5E. Refund of fees levied on production.
§52-288.7. Energy Resources Revolving Fund.
§52-288.8A. Levy of assessment - Remitting - Rate - Collection.
§52-288.11. Investment of funds - Utilizing funds to influence governmental action or policy.
§52-291. Confinement of gas until used.
§52-292. Waste from gas pipeline - Unlawful if unnecessary.
§52-293. Flambeau lights unlawful.
§52-294. Lights - Daytime use prohibited.
§52-295. Burning gas during day.
§52-296. Refuse from wells - Disposition.
§52-296.1. Securing of crude oil storage tanks.
§52-302. Firing oil or gas, or interfering with appliances unlawful.
§52-303. Penalty for violations.
§52-305. Well drilling within 100 feet of underground coal mines prohibited.
§52-306. Workable coal beds or seams defined.
§52-307. Drilling of wells through workable seams - Regulations.
§52-309. Findings and declarations.
§52-310. Leaking wells - Entry upon land to plug, replug or repair - Emergencies.
§52-311. Liability for damages.
§52-312. Responsibility for future remedial work.
§52-313. No admission of liability or discharge of action.
§52-314. Right of action for costs involved - Lien
§52-317.1. Seeping natural gas - Jurisdiction, power, and authority of the Corporation Commission.
§52-318. Remedial work - Contracts upon competitive bids.
§52-318.1a. Confidentiality of financial statement.
§52-318.3. Notice of intent to drill - Negotiating surface damages.
§52-318.4. Undertakings which may be posted as damage deposit.
§52-318.5. Negotiating surface damages - Appraisers - Report and exceptions thereto - Jury trial.
§52-318.8. Effect of act on jurisdiction, authority and power of Corporation Commission.
§52-318.9. Violation of act - Damages.
§52-318.21. Short title - Seismic Exploration Regulation Act - Definitions.
§52-318.22. Seismic exploration operations - Registration - Permits - Requirements - Penalty.
§52-318.23. Seismic test hole blasting - Damages.
§52-320. "Growing crops" defined.
§52-320.1. Restriction on location of habitable structures.
§52-320.2. Unlawful use of safety equipment in oil or gas production.
§52-391. Sale of petroleum products under deception as to quality or identity.
§52-392. Marked containers or distributing equipment - Use in selling petroleum products.
§52-393. Trademark - Imitation.
§52-394. Selling under false mark or name.
§52-396. Aiding violations of act.
§52-397. Violation of provisions - Misdemeanor.
§52-398. Definitions - Persons liable for violations by firm or corporation.
§52-399. Partial invalidity - Effect.
§52-420.1. Short title - Definitions.
§52-420.2. State Liquefied Petroleum Gas Administrator - Deputies and enforcement officers.
§52-420.3. Oklahoma Liquefied Petroleum Gas Board.
§52-420.3A. Liability of sellers, suppliers, handlers, or transporters of liquified petroleum gas.
§52-420.4. Registration permits - Fees - Insurance requirements.
§52-420.8. Violations of law or rule.
§52-420.10. Appointment of administrative staff.
§52-420.14. Nonresidents - Prohibition on storage or dispensing.
§52-420.15. Safety schools for liquefied petroleum dealers.
§52-420.17. Inspectors' uniforms - Maintenance and cleaning allowance.
§52-420.22. Oklahoma Liquefied Petroleum Gas Research, Marketing and Safety Commission - Creation.
§52-420.24. Commission powers and duties.
§52-420.25. Commission meetings - Appointment of Director.
§52-420.26. LP Gas Research, Marketing and Safety Revolving Fund.
§52-420.28. Assessment collection - Penalties.
§52-420.29. Assessment refund.
§52-420.29-1. Exports exempted from assessment.
§52-420.29-2. Application for refund by purchaser.
§52-420.29-3. Petition to Commission for refund.
§52-420.30. Certain programs not preempted - Designation of funds for payment of certain programs.
§52-420.31. Oklahoma Propane Education and Safety Council – Powers and duties.
§52-421.1. Liquefied petroleum gas emergency - Declaration by Governor.
§52-472. Terms defined - Pressure - Conversion to standard conditions.
§52-473. Determination of factors by Commission - Determination and report of volumes.
§52-474. Sales, purchases and deliveries - Adjustment of contract prices.
§52-475. Penalty for violations - Civil actions.
§52-477. Jurisdiction of Commission not restricted.
§52-521. Leasing of mineral interests of owners who cannot be located.
§52-523. Negotiations by receiver - Deposit of funds - Discharge - Costs.
§52-524. Natural gas - Preferred use.
§52-525. Agricultural use of natural gas - Price - Installation of lines - Cessation of delivery.
§52-527. Method of measuring amount of gas.
§52-528. State Corporation Commission - Powers and duties - Duty of Operators.
§52-529. Liability of operators - Jurisdiction - Venue.
§52-549.4. Perfection of oil and gas lien.
§52-549.5. Oil and gas commingling.
§52-549.6. Rights of purchaser.
§52-549.7. Relative priority of oil and gas lien.
§52-549.8. Not affected by act.
§52-549.9. Waiver, relinquishment, release.
§52-549.10. Expiration of oil and gas lien - Enforcement of lien.
§52-549.11. Rights of operator.
§52-549.12. Cumulative rights.
§52-553. Mineral Owner's Fund.
§52-554. Transmission of funds - Escrow report - Claims against Mineral Owner's Fund.
§52-555. Investment of funds - Apportionment of interest.
§52-556. Custody of Mineral Owner's Fund - Transfer of monies to Unclaimed Property Fund.
§52-557. Conditions for oil well plugging approval.
§52-558. Implementation of act – Rules - Prospective operation.
§52-570.3. Application of act.
§52-570.5. Designation of person for certain royalty, accounting and remittance functions.
§52-570.6. Selling royalty gas in kind - Consumption and accounting for royalty gas.
§52-570.7. Out-of-balance wells.
§52-570.10. Payment of proceeds from sale of oil and gas production.
§52-570.13. Promulgation of rules.
§52-570.15. Performance pursuant to act - Satisfaction of duties and obligation.
§52-581.2. Purpose and intent of act.
§52-581.4. Exemptions - Owners ineligible to elect to market share.
§52-581.5. Election to market share - Procedure.
§52-581.6. Election to market share - Effect.
§52-581.7. Amount of gas produced from well.
§52-581.8. Distribution of revenues from sale of production.
§52-581.9. Construction and application of act.
§52-604. Transfers prohibited.
§52-609. Powers and authority of Commission.
§52-610. Violations - Fines and penalties - Collection of fines.
§52-612. Nonresident transferees - Service of process.
§52-613. Statute of limitations.
§52-801. Exploration Rights Act of 2011.
§52-803. Surface estate – Interference with solar energy agreement – Notice
§52-902. Construction of oil and gas contracts, statutes and governmental orders.
§52-903. Failure to pay proceeds from production - Remedies.