(a) Before the Oil and Gas Commission issues a permit to drill, an operator who is doing business in this state and is not subject to the provisions of § 15-71-116 shall file proof of financial responsibility with the commission.
(b) Before the commission transfers a well and issues a producer's certificate of compliance and authorization to transport oil or gas, a person who acquires the right of an operator of an existing well and is not subject to the provisions of § 15-71-116 shall file proof of financial responsibility with the commission.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 6 - Oil, Gas, and Brine
Chapter 72 - Oil and Gas Production and Conservation
Subchapter 2 - Wells and Drilling Generally
§ 15-72-202. Penalties for violation of certain sections
§ 15-72-203. Prerequisite to exploring or drilling — Notice to surface owner — Definition
§ 15-72-204. Prerequisite for drilling permit — Operator's proof of financial responsibility
§ 15-72-205. Notice of intent to drill — Permit and fee
§ 15-72-206. Casing oil or gas wells — Keeping sands separate
§ 15-72-207. Log requirements generally
§ 15-72-208. Proper confinement of gas by possessor of well
§ 15-72-209. Right of others to confine gas
§ 15-72-210. Gas leaks in pipelines, machinery, etc
§ 15-72-212. Failure to control wild wells
§ 15-72-213. Surface owner's lien for damages caused by operator neglect
§ 15-72-214. Surface owner's claim for damages caused by operator neglect
§ 15-72-216. Requirement that dry or abandoned wells be plugged — Notice of abandonment
§ 15-72-217. Plugging dry or abandoned well by lessee or operator
§ 15-72-218. Plugging dry or abandoned well by another
§ 15-72-219. Compensation of surface owners and surface tenants for damages — Restoration of land