Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 385. Department of the Commissioners of the Land Office |
Chapter 15. Sale and Operation of Oil and Gas Leases |
SECTION 385:15-1-14. Seismograph permits
Latest version.
- Any person or entity desiring to do seismograph exploration for oil and gas purposes may obtain a non-exclusive seismic permit upon the filing of an application together with a remittance of $200.00 as an application fee. Said permit will cover both the surface and mineral interest of the CLO, whatever that interest may be. The Minerals Management Division will appraise the acreage for a non-exclusive seismic permit. Said appraisal shall be made in a timely manner and the seismic permit fee shall not exceed 10 percent of the appraised value of an oil and gas lease covering the acreage to be explored plus the damages to the CLO's surface interest, if any. If the mineral interest is under oil and gas lease, applicant must obtain the written permission of the lessee and only pay CLO for damages to its surface interest, if any. The CLO retains the right to put any tract of land up for bid when it is deemed to be in the best interest of the trust. Said permit shall be for a period of ninety days with limited extension available upon written request. The seismic exploration permit will terminate upon issuance of an oil and gas lease covering the permitted acreage. In addition to the above mentioned fees and damages, the permittee shall pay any and all damages caused to CLO surface lessee's interest in the land and shall be responsible for any liability arising out of the seismic operations.