(a) A person purchasing oil in this state at the well or a person selling gas at the first point of sale under a contract or agreement requiring payments for production to the respective owners thereof, in respect of which production any sums assessed under the provisions of § 15-71-107 are payable to the Oil and Gas Commission, is authorized, empowered, and required to deduct from any sum so payable to a person the amount due the commission by virtue of the assessment and remit that sum to the commission.
(b) A person taking oil or gas from a well in this state for use or resale, in respect of which production any sums assessed under the provisions of § 15-71-107 are payable to the commission, shall remit any sum so due to the commission in accordance with the commission's rules.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 6 - Oil, Gas, and Brine
Chapter 71 - Oil and Gas Commission
§ 15-71-103. Organization — Meetings
§ 15-71-104. Counsel for the commission
§ 15-71-105. Director of Production and Conservation
§ 15-71-108. Purchaser to deduct and remit assessment to commission — Remission by producer
§ 15-71-109. Oil and Gas Commission Fund — Payment of commission vouchers
§ 15-71-110. Powers and duties — Rules — Definitions
§ 15-71-111. Procedural rules or orders — Hearing
§ 15-71-113. Authority to acquire and maintain unmarked cars
§ 15-71-114. Permit required for field seismic operations
§ 15-71-115. Abandoned and Orphaned Well Plugging Fund