OKLAHOMA GAS PRORATION LAW ENACTED
Oklahoma has enacted a natural gas prorationing law restricting sales from unallocated wells effective Mar. 24. Under the law, the production ceiling in November-February will be the greater of either 1 MMcfd or 40% of the well's calculated absolute open flow. During March-October, the production cap is reduced to the greater of either 750 Mcfd or 25% of CAOF. The statewide allowable had been 50% of CAOF.