US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2020 Mississippi Code » Title 75 - Regulation of Trade, Commerce and Investments » Chapter 58 - Mississippi Natural Gas Marketing Act

§ 75-58-11. Duties, responsibilities, etc. of operators and non-operators; relationship between operators and non-operators

Each consenting non-operator shall be responsible for and shall pay to the operator that consenting non-operator’s share of direct and actual marketing expenses relating to the marketing of consenting non-operator’s gas, including, but not limited to, capital expenses, third-party transportation costs, pipeline penalties, fines, refunds, reimbursements, adjustments, direct costs, and contractual liabilities to third parties. […]

§ 75-58-15. Interest of payments; interpleader actions; jurisdiction over disputes

Interest. – Should any person fail to make any payment required under this chapter when the same is due, interest shall accrue at the rate of twelve percent (12%) per annum from the date due until paid, provided, however, should operator fail to remit payment of net proceeds to any consenting non-operator within the time […]

§ 75-58-3. Legislative intent and purpose

It is the intent and purpose of this chapter to protect the rights of all owners of natural gas wells and wells producing casinghead gas; to afford all such owners an opportunity to extract their fair share of gas; to provide that the operator of a well producing natural gas and a well producing casinghead […]

§ 75-58-5. Applicability of chapter; safe harbor provision

Applicability. – This chapter shall apply to all natural gas wells and wells producing casinghead gas in Mississippi which are permitted on and after July 1, 1991. This chapter shall also apply to wells in a pool unitized pursuant to Section 53-3-7 or Section 53-3-101 et seq., Mississippi Code of 1972, after July 1, 1991, […]

§ 75-58-7. Definitions

For purposes of this chapter, the following terms shall have the meanings ascribed to them herein: “Board” shall mean the State Oil and Gas Board as created by Section 53-1-5 et seq., Mississippi Code of 1972. “Person” shall mean any individual, corporation, partnership, association, or any state, municipality, political subdivision of any state, or any […]