Browse Arkansas Code titles and sections
15-76-313. Operator.
Arkansas Code — all titles (historical 2020) · legal_authorities
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 another person to act in that capacity.
(b) The operator so designated shall receive payments of amounts due and owing from owners and shall cause disbursements of amounts due and owing with respect to unleased interests in the unit, including the annual royalty provided for in § 15-76-314.
(c) Neither the order requiring operation of an area as a unit nor any other provision of this subchapter shall be construed as granting an operator any rights with respect to the surface of any tracts in a unit, nor does the subchapter deprive any landowner of any surface rights.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-76-313
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
Issuing source page ↗
Authority boundary: historical statutory source snapshot not current law.
Open the recorded source website ↗
Record provenance
Stable record: arkansas_code:legal_authorities:15-76-313
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 384776352d405c78abad2b6ebc9eeb88521564a3fcba84310c95e6a8ed978047
Source location: content.xml paragraph 26866
Stored source content
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 another person to act in that capacity.
(b) The operator so designated shall receive payments of amounts due and owing from owners and shall cause disbursements of amounts due and owing with respect to unleased interests in the unit, including the annual royalty provided for in § 15-76-314.
(c) Neither the order requiring operation of an area as a unit nor any other provision of this subchapter shall be construed as granting an operator any rights with respect to the surface of any tracts in a unit, nor does the subchapter deprive any landowner of any surface rights.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Arkansas Code — all titles (historical 2020) · legal_authorities
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 in the brine to the participating producers thereof upon such terms as are set forth in this section.
(2) The election shall be made in writing to the operator as otherwise provided in the order establishing the unit, provided that, if no such written election is made within the sixty (60) days, the nonelecting owner shall be deemed to have transferred the nonelecting owner's interest to the operator as provided in this section.
(b) If an owner of an unleased interest elects to participate, the owner shall pay the owner's share of the costs set forth in § 15-76-311 and agree to pay the owner's share of the additional costs to be incurred in the drilling, equipping, and operating of each completed well within the unit.
(c) A participating owner in a brine production unit shall have the option, which shall be exercised at the time of the election to participate, either to:
(1) Take the participating owner's just and equitable share of the brine produced from the unit in kind and, if required by the Oil and Gas Commission, return it, after the participating owner's use, to disposal wells within the unit; or
(2) Receive the value of the participating owner's just and equitable share of the brine produced from the unit.
(d) A participating owner in a brine expansion unit containing one (1) or more production wells shall have the option, which shall be exercised at the time of the election to participate, eit
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-76-314
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 15-76-314. This identifies an authority to review, not proof of applicability.