California § 3402 - There shall annually be imposed upon the person operating each oil well in this s
Full text of California Public Contract Code - PCC § 3402 — There shall annually be imposed upon the person operating each oil well in this s, with citation guidance and answers to common questions.
§ 3402. There shall annually be imposed upon the person operating each oil well in this s
There shall annually be imposed upon the person operating each oil well in this state, or owning royalty or other interests in respect to the production from the well, a charge which shall be payable to the Treasurer and which shall be computed at a uniform rate per barrel of oil produced from the well for the preceding calendar year. The charge shall be apportioned among all of those persons in fractional amounts proportionate to their respective fractional interests in respect to the production of the well, but the whole of the charge shall be payable by the operator, who shall withhold their respective proportionate shares of the charge from the amounts otherwise payable or deliverable to the owners of royalty or other interests. In the case of a penalty for late payment as provided in Section 3420, no apportionment shall be made.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 3402
What does Public Contract Code - PCC § 3402 cover?
Section 3402 ("There shall annually be imposed upon the person operating each oil well in this s") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 3402?
A common citation format is "Public Contract Code - PCC § 3402" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 3402 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.