Arkansas Statutes

§ 15-72-314 — Unit area oil and gas - Product of tract

Arkansas § 15-72-314

This text of Arkansas § 15-72-314 (Unit area oil and gas - Product of tract) 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. § 15-72-314 (2026).

Text

The portion of oil or gas produced from the unit area and allocated to a separately owned tract shall be deemed, for all purposes, to have been actually produced from the tract. Operations for the production of oil or gas from any part of the unit area, conducted pursuant to the order of the Oil and Gas Commission, shall be deemed, for all purposes, to be operations for the production of oil or gas from each separately owned tract in the unit area.

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Legislative History

Acts 1939, No. 105, § 15; 1951, No. 134, § 1; A.S.A. 1947, § 53-115.

Nearby Sections

15
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Bluebook (online)
Arkansas § 15-72-314, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-72-314.