§ 15-72-315 - Unitization of entire pool as one operating unit. - Arkansas Statutes

15-72-315. Unitization of entire pool as one operating unit.

(a) Where the Oil and Gas Commission has received a proper petition praying an order for the operation of an entire pool as a unit and after proper hearing and evidence has issued its order unitizing the pool, then the following procedure may be instituted by one (1) or more persons authorized in the unit operating agreement to file with it a petition praying for an order setting up a salt water disposal unit within the production unit of the entire pool.

(b) The unitization of the entire pool as an operating unit must be ordered by the commission as a condition precedent before the petition praying a salt water disposal unit may be filed.