Oklahoma § 68-1001.2 - Definitions
Full text of Oklahoma Oklahoma Statutes § 68-1001.2 — Definitions, with citation guidance and answers to common questions.
§ 68-1001.2. Definitions
As used in this article:
(a) "Gas" means natural gas or casinghead gas. The terms gas,
natural gas or casinghead gas when used in this article are
interchangeable, and any provisions relating to any one of these
shall relate to all gas, natural gas or casinghead gas;
(b) "Lease" means a spaced unit, a separately metered formation
within the spaced unit, or each tract within a Corporation
Oklahoma Statutes - Title 68. Revenue and Taxation
Commission approved unitization, or a lease which, for tax reporting
purposes, has been assigned a production unit number;
(c) "Oil" means petroleum or other crude or mineral oil; and
(d) "Person" means any natural person, firm, partnership, joint
venture, association, limited liability company, corporation,
estate, trust, and any other group or combination acting as a unit.
Added by Laws 1992, c. 30, § 2, emerg. eff. March 30, 1992. Amended
by Laws 1993, c. 366, § 36, eff. Sept. 1, 1993.
Frequently Asked Questions About Oklahoma § 68-1001.2
What does Oklahoma Statutes § 68-1001.2 cover?
Section 68-1001.2 ("Definitions") 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 § 68-1001.2?
A common citation format is "Oklahoma Statutes § 68-1001.2" (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 § 68-1001.2 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.