§ 15-76-309 — Petition for formation of a brine production unit or a brine expansion unit

Arkansas § 15-76-309

• Jurisdiction: Arkansas
• Title: 15

Text

A petition for formation of a brine production unit or a brine expansion unit may be filed by a producer and shall contain the following: (1) A description of the proposed brine production unit or brine expansion unit; (2) A statement of the plan of development and operation of the brine production unit or brine expansion unit; (3) All geological and engineering data necessary for the Oil and Gas Commission to be fully advised of the feasibility of the proposed plan; (4) A statement detailing all costs and expenses chargeable to the proposed brine production unit or a brine expansion unit and a statement of all credits due against costs and expenses; (5) A plat of each proposed brine production unit or brine expansion unit which indicates the tracts or parcels of land included in the plat and the location of each well then located within the proposed unit for the production of brine and the injection or disposal of effluent and the proposed location of each well that is proposed to be drilled for production and injection or disposal purposes; (6) A list of owners within the unit, including the brine, interest, and last known address of each such owner; and (7) (A) A statement that the petitioner has valid and subsisting leases or otherwise owns or controls the right to produce brine from not less than seventy-five percent (75%) of the entire area of the proposed brine production unit or brine expansion unit. (B) The petitioner may not combine its leases or other rights to produce brine, relative to an adjacent brine production unit or brine expansion unit, with leases or other rights to produce brine necessary to achieve the seventy-five-percent lease requirement to form a separate brine production unit or brine expansion unit.

Legislative History

Amended by Act 2015, No. 89,§ 4, eff. 2/13/2015. Acts 1979, No. 937, § 6; A.S.A. 1947, § 53-1306.