§ 15-76-309 - Petition for formation of a brine production unit. - Arkansas Statutes

15-76-309. Petition for formation of a brine production unit.

(a) A petition for formation of a brine production unit may be filed by a producer and shall contain the following:

(1) A description of the proposed brine production unit;

(2) A statement of the plan of development and operation thereof;

(3) All geological and engineering data necessary for the Oil and Gas Commission to be fully advised of the feasibility of the proposed plan;

(4) A statement detailing all costs and expenses chargeable to the proposed unit and a statement of all credits due against costs and expenses;

(5) A plat of such proposed unit which indicates the tracts or parcels of land included therein and the location of all wells then located within the proposed unit for both the production of brine and the injection or disposal of effluent and the proposed location of each well that is proposed to be drilled for both production and injection or disposal purposes;

(6) A list of owners within the unit, including the brine, interest and last known address of each such owner; and

(7) A statement that the petitioner has valid and subsisting leases or otherwise owns or controls the right to produce brine from not less than seventy-five percent (75%) of the entire area of the proposed brine production unit. The petitioner may not combine its leases or other rights to produce brine, relative to an existing unit, with leases or other rights to produce brine necessary to achieve the seventy-five percent (75%) lease requirement to form a separate unit adjacent to the existing unit.