Oklahoma § 52-30.1 - Electronic natural gas measuring systems - Audit of

§ 52-30.1. Electronic natural gas measuring systems - Audit of

certain leases and collection of royalties.

A. The Commissioners of the Land Office and the Gross

Production Tax Division of the Oklahoma Tax Commission are hereby

authorized to enter into such contracts and agreements as are

necessary to purchase electronic measuring systems for natural gas

produced from wells located within the State of Oklahoma as follows:

1. Such electronic measuring systems should make use of the

best technology available and conform to all standards set forth by

the American Gas Association, the American Petroleum Institute, the

American National Standards Institute, or the American Society of

Metalogical Engineers, or any other industry-wide standards which

may hereafter be adopted;

2. The systems must have fail-safe security that will detect if

the system has been tampered with; and

3. Any purchase made under the authority granted by this act

shall comply with the requirements of Sections 85.1 et seq. of Title

74 of the Oklahoma Statutes.

Oklahoma Statutes - Title 52. Oil and Gas

B. The Commissioners of the Land Office and the Gross

Production Tax Division of the Oklahoma Tax Commission are hereby

granted the authority to employ the professionals necessary to

install, maintain and monitor the measuring systems as provided for

in subsection A of this section.

C. The Commissioners shall audit all oil and gas leases

covering royalties for the past five (5) years, to determine if the

state is receiving royalties in the percentage called for in such

leases, and if not, the Commissioners shall initiate appropriate

legal proceedings to collect the same, plus interest.

Added by Laws 1985, c. 163, § 1, emerg. eff. June 13, 1985.