§ 75-58-1. Short title
This chapter shall be known as “The Mississippi Natural Gas Marketing Act.”
This chapter shall be known as “The Mississippi Natural Gas Marketing Act.”
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. […]
Gas Imbalances. – Notwithstanding anything to the contrary in this section, if any balancing party takes and disposes of less than its entitlement during any calendar month, then the volume not taken by such party may be taken by any other party or parties as allocated by the operator. Operator Statements. – Not less frequently […]
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 […]
Nothing in this chapter shall be construed to limit the right of operators and non-operators to enter into agreements providing for marketing of gas, marketing fees, balancing or any other matter addressed by this chapter. Any such valid agreement shall supersede the provisions of this chapter to the extent said agreement addresses matters covered in […]
All non-operators who receive information relating to a gas purchase agreement from an operator in connection with or as required by this chapter shall hold and treat each document as confidential and shall not disclose such documents or the terms thereof to third parties, except those persons required to see said documents in order to […]
This chapter does not affect contractual rights and duties existing before July 1, 1991.
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 […]
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, […]
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 […]
On or before ten (10) days after the filing with the board of the initial test results for a gas well or oil well capable of producing gas in commercial quantities, the operator shall furnish, by United States mail, postage prepaid, a copy of the initial test results for the well filed with the board […]