Oklahoma § 52-251 - Prices, terms and conditions - Determination
Full text of Oklahoma Oklahoma Statutes § 52-251 — Prices, terms and conditions - Determination, with citation guidance and answers to common questions.
§ 52-251. Prices, terms and conditions - Determination
The prices, terms and conditions upon which natural gas shall be
made available under this act shall be determined by negotiation
between the parties. In the event of their inability to agree as to
any or all of such prices, terms and conditions, either party to the
negotiation may apply to the Corporation Commission to fix the same.
In reaching its determination, the Corporation Commission shall
consider the necessity of the applicant for the gas for the purposes
specified herein, the value of such gas and its components, the
efficient operation of the wells of the producer of the gas, the
obligations assumed by such producer in the sale or other
disposition of such gas, and all other factors relevant to the
Oklahoma Statutes - Title 52. Oil and Gas
effectuation of the policy and purposes of this act with justice to
all concerned.
Added by Laws 1955, p. 284, § 4.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 52-251
What does Oklahoma Statutes § 52-251 cover?
Section 52-251 ("Prices, terms and conditions - Determination") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. 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 Oklahoma § 52-251?
A common citation format is "Oklahoma Statutes § 52-251" (Oklahoma). 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 Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 52-251 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma 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 Oklahoma.