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Title 15 - Natural Resources and Economic Development
Arkansas Code Title 15, Subtitle 6, Chapter 74, Subchapter 6 - Proceeds of Sale Generally
Arkansas Code Title 15, Subtitle 6, Chapter 74, Subchapter 6 - Proceeds of Sale Generally
§ 15-74-601 - Time Limits Governing Oil and Gas Payments.
(a) The proceeds derived from the sale of oil or gas production from any oil or gas well shall be paid to persons legally...
§ 15-74-602 - Fraudulently Withholding Payments.
(a) If the first purchaser, or owner of the right to drill and produce substituted for the first commercial purchaser as provided in this...
§ 15-74-603 - Action for Nonpayment of Proceeds.
(a) Any court of competent jurisdiction of the county in which the oil or gas well is located shall have jurisdiction over all proceedings...
§ 15-74-604 - Failure to Pay Royalties.
(a) An obligation arises under an oil and gas lease to pay or to deliver oil or gas royalties to the mineral owner or...
§ 15-74-605 - Sale of Proportionate Share of Production.
(a) For any gas well completed as a commercially productive well subsequent to the passage of this section, the party designated as operator of...
Last modified: November 15, 2016