§ 15-76-309. Petition for formation of a brine production unit or a brine expansion unit
A petition for formation of a brine production unit or a brine expansion unit may be filed by a producer and shall contain the following: (1) A description of the proposed brine production unit or brine expansion unit; (2) A statement of the plan of development and operation of the brine production unit or brine […]
§ 15-76-310. Order requiring unit operation — In general
(a) The Oil and Gas Commission, upon the application of any producer and upon the circumstances set forth in this section and §§ 15-76-311 and 15-76-313 — 15-76-315 shall enter its order integrating all tracts and interests in the unit, and all lands therein shall be developed and operated as a unit. (b) All orders […]
§ 15-76-311. Contents of order
The order requiring the operation of an area as a brine production unit or a brine expansion unit shall include: (1) A description of the area included within such a brine production unit or a brine expansion unit; (2) The surface area of each tract in the proposed unit; (3) A provision for any credits […]
§ 15-76-312. Unlawful drainage — Unit inclusion or accounting
(a) Any owner of an interest in a tract which is adjacent to a brine production unit formed by the Oil and Gas Commission and which is not included in that unit may petition the commission to have the tract included in the unit, and the commission shall issue its order after reasonable notice and […]
§ 15-76-313. Operator
(a) The producer who either has incurred or shall incur the greater share or portion of the capital investment required under the plan of development and operation of the unit shall be designated by the Oil and Gas Commission as operator unless the producer refuses to serve as operator or agrees to the designation of […]
§ 15-76-314. Participation by owners and royalties
(a) (1) Upon the establishment of a unit, each owner of an unleased interest in the unit shall elect within sixty (60) days from the effective date of the order establishing the unit either to participate affirmatively in the operation of the unit and the production of brine or to transfer his or her interest […]
§ 15-76-315. Valuation of brine
(a) (1) (A) The value of brine during any given year with respect to any unit established hereunder and for all purposes hereof shall be deemed to be the average price at which the operator of the unit has purchased or sold brine in Arkansas adjusted to reflect concentrations of ions, temperature, other relevant physical […]
§ 15-76-316. Production from tracts within unit
The portion of brine produced from a unit created under this subchapter and allocated to any particular tract shall be deemed, for all purposes, to have been actually produced from that tract, and operations for the production of brine from any part of the unit conducted pursuant to the order of the Oil and Gas […]
§ 15-76-317. Liability for unit expenses
(a) The liability of each owner in a unit for the payment of unit expenses shall at all times be several and not joint or collective. (b) In no event shall an owner in a unit be chargeable with, directly or indirectly, more than the amount charged to his or her interests in such unit […]
§ 15-76-318. Drilling permits — Fees
(a) Before any well shall be drilled either in search of brine or for the injection of effluent, the person desiring to drill the well shall notify the Oil and Gas Commission upon the form the commission may prescribe and shall pay a fee of one hundred fifty dollars ($150) or the sum the commission […]