Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 165. Corporation Commission |
Chapter 10. Oil & Gas Conservation |
Subchapter 27. Production Revenue Standards |
SECTION 165:10-27-12. Record keeping
Latest version.
- Any record required by this Subchapter shall be maintained for a period of at least five years. Upon reasonable request, the well operator or substitute payor shall make available to a royalty owner for confidential inspection a record of receipts and payment of proceeds to said royalty owner, as well as copies of information furnished to the well operator pursuant to the Production Revenue Standards Act.