§ 15-76-311 - Contents of order. - Arkansas Statutes

15-76-311. Contents of order.

The order requiring the operation of an area as a brine production unit shall include:

(1) A description of the area included within such unit;

(2) The surface area of each tract in the proposed unit;

(3) A provision for any credits and charges to be made in the adjustment among the owners in the unit for their allocated costs of the total investment in wells, both for production and injection or disposal purposes, pipelines, pumps, machinery, materials, and equipment required by such brine operation;

(4) A statement of the tangible and intangible expenses of the development and operation of the unit, including capital investments required in the development and operation thereof, exclusive of the plant of the producer, to be charged to each tract in the unit in the same proportion that the tract shares in the production from such unit;

(5) The time and manner in which all owners in the unit who may desire to pay their share of the costs outlined in subdivision (4) of this section and participate in the operations of the unit may elect to do so;

(6) The time at which the unit operation shall commence and the approval by the Oil and Gas Commission of the plan of development and operation of the unit, including, but not limited to, the number and location of wells to be drilled within such unit for both production and injection or disposal purposes and the approximate date upon which the proposed plan of development is to be commenced and completed. However, the commission shall have no authority to allow wells or other installations on the surface of lands without the consent of the surface owner;

(7) The name of the operator who shall drill, complete, or operate the wells within the unit; and

(8) Those additional provisions which are consistent with this subchapter and which the commission determines to be appropriate for the prevention of waste and the protection of correlative rights.