Arkansas Code Title 15, Subtitle 6, Chapter 74, Subchapter 7 - Royalties
- § 15-74-701 - Penalty.
Any person willfully or maliciously violating any of the provisions of this subchapter shall be deemed guilty of a misdemeanor and upon conviction shall...
- § 15-74-702 - Royalties Paid in Lieu of Drilling Off-Set Wells on Adjacent Units.
Where royalties are paid in lieu of drilling off-set wells on forty-acre units adjacent to forty-acre units already in production, the forty-acre units adjacent...
- § 15-74-703 - Entitlement of Royalty Interests to Premiums and Bonuses.
All purchasers of oil and gas shall pay to the royalty interest the same premium or bonus above the posted market price for oil...
- § 15-74-704 - Paying Part of Production Cost or Giving Bonus or Premium Without Paying Share to Royalty Interest.
It shall be unlawful for any purchaser of oil or gas to enter into any contract with any lessee or operator under any oil,...
- § 15-74-705 - Purchaser's Price for Royalty Gas.
It shall be the duty of both the lessee, or his or her assignee, and any pipeline company, corporation, or individual contracting for the...
- § 15-74-706 - Contracting to Buy Royalty Gas for Less Than Price Paid Operator or Lessee.
It shall be unlawful for any pipeline company, corporation, or individual purchasing oil or gas from the operator or lessee of any oil, gas,...
- § 15-74-707 - Time of Royalty Payment -- Monthly Statements to Royalty Owner.
(a) It shall be the duty of any purchaser of oil or gas to pay the royalty interest at the same time it pays...
- § 15-74-708 - Forfeiture of Lease Upon Lessee Receiving More Than Share From Sale -- Purchaser to Pay Treble Value.
(a) Any leaseholder or operator who contracts for the sale of gas or oil to any pipeline company or other purchaser, under and by...
- § 15-74-709 - Default or Delinquency by Lessees or Others Responsible for Payment of Royalties.
(a) (1) The Oil and Gas Commission is hereby authorized to receive and investigate complaints of oil and gas royalty owners that their lessees...
Last modified: November 15, 2016