Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 165. Corporation Commission |
Chapter 10. Oil & Gas Conservation |
Subchapter 27. Production Revenue Standards |
SECTION 165:10-27-5. Pre-sale nominations
Latest version.
- (a) Any producing owner marketing production separately from the well operator shall send pre-production nominations to the well operator for his withdrawals. A nomination shall be due five business days prior to the month in which the nomination is to be effective, but earlier if required by the first purchaser or transporter. The nomination shall consist of the name of the first purchaser or shipper, shipper contract number and the volumes of gas nominated for production for such producing owner's account.(b) Nothing in this Section shall supersede or limit the operator's right to control gas nominations and allocations under a joint operating agreement, separate balancing agreement or Commission order.(c) The owner of the gas meter shall confirm all nominations with the operator of the well no later than the last business day prior to the month in which production occurs.