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Section 15-76-316 - Production from tracts within unit — Arkansas Law | CourtGPT
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  2. Laws/
  3. Arkansas/
  4. Title 15 - Natural Resources and Economic Development (§§ 15-1-101 — 15-76-324)/
  5. Subtitle 6 - Oil, Gas, and Brine/
  6. Chapter 76 - Brine Sub/
  7. Subchapter 3 - Brine Production/
  8. Section 15-76-316 - Production from tracts within unit
Arkansas Legal Code

Section 15-76-316 - Production from tracts within unit

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The portion of brine produced from a unit created under this subchapter and allocated to any particular tract shall be deemed, for all purposes, to have been actually produced from that tract, and operations for the production of brine from any part of the unit conducted pursuant to the order of the Oil and Gas Commission shall be deemed for all purposes to be operations for the production of brine from each separate tract in the integrated area of the unit.Amended by Act 2015, No. 89,§ 11, eff. 2/13/2015.Acts 1979, No. 937, § 9; A.S.A. 1947, § 53-1309.