Ark. Code § 15-76-316

Current with legislation from 2024 effective through May 3, 2024.
Section 15-76-316 - Production from tracts within unit

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.

Ark. Code § 15-76-316

Amended by Act 2015, No. 89,§ 11, eff. 2/13/2015.
Acts 1979, No. 937, § 9; A.S.A. 1947, § 53-1309.