Arkansas § 19-6-806 Abandoned and Orphan Well Plugging Fund

Arkansas Statutes

§ 19-6-806 — Abandoned and Orphan Well Plugging Fund

Arkansas § 19-6-806

Title19

This text of Arkansas § 19-6-806 (Abandoned and Orphan Well Plugging Fund) 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. § 19-6-806 (2026).

Text

The Abandoned and Orphan Well Plugging Fund shall consist of those special revenues as specified in § 19-6-301 (230), proceeds from the transfer of a well, well-site equipment, or hydrocarbons from the well as established by § 15-72-217(b)(2) , grants, gifts, and any other revenues as may be authorized by law, there to be used by the Oil and Gas Commission to provide security in the event an oil and/or gas well operator fails to perform plugging responsibilities under § 15-72-217 or fails to correct well conditions that create an imminent danger to the health or safety of the public, or threaten significant environmental harm or damage to property.

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The Abandoned and Orphan Well Plugging Fund shall consist of those special revenues as specified in § 19-6-301 (230), proceeds from the transfer of a well, well-site equipment, or hydrocarbons from the well as established by § 15-72-217(b)(2) , grants, gifts, and any other revenues as may be authorized by law, there to be used by the Oil and Gas Commission to provide security in the event an oil and/or gas well operator fails to perform plugging responsibilities under § 15-72-217 or fails to correct well conditions that create an imminent danger to the health or safety of the public, or threaten significant environmental harm or damage to property.