Okla. Admin. Code § 385:15-1-13 - Release of lease

Upon payment of all liabilities and damages including, but not limited to, unpaid royalties, well plugging, and surface restoration, a lessee may surrender an oil and gas lease by filing a formal release with the Land Office. However, if the oil and gas lease has been recorded with a County Clerk , the lessee shall record a release thereof in the county prior to filing a release with the Land Office.

Notes

Okla. Admin. Code § 385:15-1-13
Amended at 14 Ok Reg 3171, eff 7-25-97
Amended by Oklahoma Register, Volume 38, Issue 24, September 1, 2021, eff. 9/11/2021

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.


No prior version found.