42 chapters · 1,615 sections in this title.
Ark. Code Ann. § 15-72-308 Petition for unit operation — Hearing
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(a) Upon the filing of a petition as provided in this section, the Oil and Gas Commission after notice shall hold a public hearing to consider the need for the operation as a unit of an entire pool or any portion thereof to prevent waste, to increase ultimate recovery of oil and …
Ark. Code Ann. § 15-72-309 Findings to support order requiring unit operation — Issuance
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(a) If after hearing and considering the petition and evidence offered in support thereof the Oil and Gas Commission makes the following findings, it shall issue an order requiring unit operation in accordance with the terms of the proposed unit operating agreement:(1) The propos…
Ark. Code Ann. § 15-72-310 Order requiring unit operation — Contents
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(1) The order requiring unit operation shall be fair and reasonable under all circumstances and shall include:(1) A description of the unit area;(2) An allocation upon the basis agreed upon by the provisions of the unit operating agreement to each separately owned tract that for …
Ark. Code Ann. § 15-72-311 Obligation or liability of owners for expenses
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The obligation or liability of each owner in the several separately owned tracts for the payment of unit expenses shall at all times be several and not joint or collective. In no event shall an owner of the oil or gas rights in the separately owned tract be chargeable with, oblig…