Oklahoma § 52-602 - Legislative intent

Full text of Oklahoma Oklahoma Statutes § 52-602 — Legislative intent, with citation guidance and answers to common questions.

§ 52-602. Legislative intent

The Legislature recognizes that hydrocarbons are a limited

natural resource and that their exploration, production and

development contribute significantly to the general welfare of the

people of the State of Oklahoma through the creation of jobs, the

development of economic growth and stability, and the collection of

gross production taxes, petroleum excise taxes, and other sources of

revenue.

Therefore, the Legislature finds it is in the public interest to

protect its energy resource assets from transfers that may retard

the timely and efficient development of such assets, or transfers

that may interfere with the production, sale, purchase, refining or

processing, delivery, transportation or transmission of hydrocarbons

or hydrocarbon products gathered or produced for sale, purchase,

refining or processing, delivery, transport, transmission or use

pursuant to existing contracts within this state. The Legislature

further finds it is in the public interest to encourage orderly

future exploration, development, production, refining, processing,

transportation, or transmission of hydrocarbons and hydrocarbon

products gathered or produced within the state, to conserve and

prevent waste of energy resource assets, to protect correlative

rights in underground mineral resources, and to protect and preserve

sources of tax revenue derived from the orderly and efficient

Oklahoma Statutes - Title 52. Oil and Gas

development, management and production of the state's energy

resource assets.

Added by Laws 1985, c. 2, § 2, emerg. eff. Feb. 13, 1985.

Frequently Asked Questions About Oklahoma § 52-602

What does Oklahoma Statutes § 52-602 cover?

Section 52-602 ("Legislative intent") 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 § 52-602?

A common citation format is "Oklahoma Statutes § 52-602" (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 § 52-602 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.