Oil and Gas Lien Act

The act establishes a statutory lien securing payment for labor, services, and materials furnished in connection with oil and gas properties, and extends that remedy to subcontractors as well as those dealing directly with the owner. It sets out who may claim a lien and in what amount, what property the lien reaches, when the lien arises and how it ranks against competing encumbrances, and how a claimant perfects it by filing a statement of lien — along with rules on notice to purchasers of oil and gas, waiver, assignment, forfeiture or failure of title, and the posting of a bond to indemnify against liens. Enforcement runs through a suit to foreclose brought within a limited period, with provisions governing parties, consolidation and intervention, a prohibition on removing the encumbered property, sale following foreclosure, recovery of a reasonable attorney's fee, and the availability of a personal action on the underlying debt.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.