772 1997 Session Laws of Kansas Ch. 136
Ch. 136 1997 Session Laws of Kansas 773
SENATE BILL No. 147*
Be it enacted by the Legislature of the State of
Kansas:
Section 1. When a payment is made for proceeds attributable to
oil
Ch. 136 1997 Session Laws of Kansas 773
or gas production, the payment shall be accompanied by the
following
information, or the following information shall be calculable from
the
information provided with the payment:
(a) The lease, property, or well name or any lease, property, or
well
identification number used to identify the lease, or well;
(b) the month and year during which the sale occurred for
which
payment is being made;
(c) the total volume of oil, attributable to such payment,
measured in
barrels and the total volume of either wet or dry gas, attributable
to such
payment, measured in thousand cubic feet;
(d) the price per barrel of oil or thousand cubic feet of gas
sold;
(e) total amount of state severance and production
taxes;
(f) payee's interest in the sale expressed as a decimal;
(g) payee's share of the sale before any deductions or
adjustments;
(h) payee's share of the sale after deductions or
adjustments;
(i) an address and telephone number from which additional
infor-
mation may be obtained and any questions answered.
Sec. 2. Nothing contained in this act shall be construed to
amend or
otherwise affect any contractual obligations or rights which may
otherwise
exist.
Sec. 3. Upon written request by the payee, submitted to the
payor
by certified mail, the payor shall provide to the payee in writing
a specific
listing of the amount and purpose of any other deductions or
adjustments,
including volumetric deductions, with explanation of such
treatment. A
written response shall be provided within 60 days of the receipt of
such
certified mail request.
Sec. 4. This act shall take effect and be in force from and
after Jan-
uary 1, 1998, and its publication in the statute book.
Approved April 24, 1997.