Arkansas Statutes
§ 15-72-308 — Petition for unit operation - Hearing
Arkansas § 15-72-308
JurisdictionArkansas
Title15
This text of Arkansas § 15-72-308 (Petition for unit operation - Hearing) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 15-72-308 (2026).
Text
(a)Upon the filing of a petition as provided in this section, the Oil and Gas Commission after notice shall hold a public hearing to consider the need for the operation as a unit of an entire pool or any portion thereof to prevent waste, to increase ultimate recovery of oil and gas, and to protect correlative rights.
(b)The petition shall contain the following:
(1)A description of the proposed unit area;
(2)A statement of the nature of the proposed unit operation; and (3) A conformed copy of the proposed unit operating agreement, which may be a composite of executed counterparts of the agreement.
(c)The petition may be filed by one (1) or more persons authorized in the unit operating agreement to file it with the commission.
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Related
SEECO Inc. v. Stewmon
2016 Ark. 198 (Supreme Court of Arkansas, 2016)
Legislative History
Acts 1939, No. 105, § 15; 1951, No. 134, § 1; A.S.A. 1947, § 53-115.
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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Bluebook (online)
Arkansas § 15-72-308, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-72-308.