Should the owners of separate tracts embraced within a drilling unit fail to agree upon the integration of the tracts and the drilling of a well on the unit and should it be established that the commission is without authority to require integration as provided by §§ 15-72-303 - 15-72-305 , then subject to all other applicable provisions of this act, the owner of each tract embraced within the drilling unit may drill on his or her tract. However, the allowable production from the tract shall be the proportion of the allowable for the full drilling unit as the area of the separately owned tract bears to the full drilling unit. Acts 1939, No. 105, § 15; A.S.A. 1947, § 53-115. Should the owners of separate tracts embraced within a drilling unit fail to agree upon the integration of the tracts and the drilling of a well on the unit and should it be established that the commission is without authority to require integration as provided by §§ 15-72-303 - 15-72-305 , then subject to all other applicable provisions of this act, the owner of each tract embraced within the drilling unit may drill on his or her tract. However, the allowable production from the tract shall be the proportion of the allowable for the full drilling unit as the area of the separately owned tract bears to the full drilling unit. Acts 1939, No. 105, § 15; A.S.A. 1947, § 53-115. Should the owners of separate tracts embraced within a drilling unit fail to agree upon the integration of the tracts and the drilling of a well on the unit and should it be established that the commission is without authority to require integration as provided by §§ 15-72-303 - 15-72-305 , then subject to all other applicable provisions of this act, the owner of each tract embraced within the drilling unit may drill on his or her tract. However, the allowable production from the tract shall be the proportion of the allowable for the full drilling unit as the area of the separately owned tract bears to the full drilling unit. Acts 1939, No. 105, § 15; A.S.A. 1947, § 53-115. Should the owners of separate tracts embraced within a drilling unit fail to agree upon the integration of the tracts and the drilling of a well on the unit and should it be established that the commission is without authority to require integration as provided by §§ 15-72-303 - 15-72-305 , then subject to all other applicable provisions of this act, the owner of each tract embraced within the drilling unit may drill on his or her tract. However, the allowable production from the tract shall be the proportion of the allowable for the full drilling unit as the area of the separately owned tract bears to the full drilling unit. Acts 1939, No. 105, § 15; A.S.A. 1947, § 53-115.
‹ Prev All Arkansas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.