Arkansas Statutes
§ 15-72-101 — Declaration of policy
Arkansas·Title 15
In recognition of past, present, and imminent evils occurring in the production and use of oil and gas as a result of waste in the production and use thereof in the absence of coequal or correlative rights of owners of crude oil or natural gas in a common source of supply to produce and use the crude oil or natural gas, this law is enacted for the protection of public and private interests against such evils by prohibiting waste and compelling ratable production.
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Related
Gawenis v. Arkansas Oil & Gas Commission
2015 Ark. 238 (Supreme Court of Arkansas, 2015)
Legislative History
Acts 1939, No. 105, § 1; A.S.A. 1947, § 53-101.
Nearby Sections
15
§ 15-1-101
Economic Advisor§ 15-10-201
Title§ 15-10-202
Declaration of policy§ 15-10-203
Arkansas Energy Office - Creation§ 15-10-204
Arkansas Energy Office - Director§ 15-10-301
Declaration of policy§ 15-10-302
Definitions§ 15-10-303
License or permit requirement§ 15-10-304
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