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Terms Used In Kansas Statutes 55-1634

  • Act: means the provisions of Kan. See Kansas Statutes 55-1626
  • board: means the Kansas oil and gas resources board as created by this act;

    (c) "first purchaser" means:

    (1) With regard to crude oil, the person to whom title first is transferred beyond the gathering tank or tanks, beyond the facility from which the crude oil was first produced, or both; and

    (2) with regard to natural gas, the person to whom title first is transferred beyond the inlet side of the measurement station from which the natural gas was first produced;

    (d) "independent producer" means a person who complies with both of the following:

    (1) Produces oil or natural gas and is not engaged in refining either product; and

    (2) derives a majority of income from ownership in properties producing oil or natural gas;

    (e) "interest owner" means a person who owns or possesses an oil or gas leasehold interest in the gross production of oil or natural gas produced from a well in Kansas. See Kansas Statutes 55-1626

In the event of the establishment of a national or regional program for an assessment on oil and natural gas production for an education and marketing program for oil and natural gas, the board, by majority vote, may elect to designate up to a maximum of 35% of the funds collected under this act to the national or regional program in lieu of an additional assessment as may be required by the national or regional program.