(a) Upon the filing of a petition as provided in this section, the Oil and Gas Commission after notice shall hold a public hearing to consider the need for the operation as a unit of an entire pool or any portion thereof to prevent waste, to increase ultimate recovery of oil and gas, and to protect correlative rights.
(b) The petition shall contain the following:
(1) A description of the proposed unit area;
(2) A statement of the nature of the proposed unit operation; and
(3) A conformed copy of the proposed unit operating agreement, which may be a composite of executed counterparts of the agreement.
(c) The petition may be filed by one (1) or more persons authorized in the unit operating agreement to file it 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 3 - Pools and Drilling Units
§ 15-72-301. Applicability of §§ 15-72-307 — 15-72-314
§ 15-72-302. Just and equitable shares — Preventing waste, avoiding risks, etc. — Drilling units
§ 15-72-303. Authority to integrate production in drilling units
§ 15-72-304. Integration orders generally
§ 15-72-305. Allocation of production and cost following integration order — Procedure
§ 15-72-306. Limitation on production if no integration
§ 15-72-307. Formation of units not in restraint of trade
§ 15-72-308. Petition for unit operation — Hearing
§ 15-72-309. Findings to support order requiring unit operation — Issuance
§ 15-72-310. Order requiring unit operation — Contents
§ 15-72-311. Obligation or liability of owners for expenses
§ 15-72-313. New unit operation order in pool established by previous order
§ 15-72-314. Unit area oil and gas — Product of tract
§ 15-72-315. Unitization of entire pool as one operating unit
§ 15-72-316. Salt water disposal unit operation of a pool — Petition
§ 15-72-317. Findings to support order requiring salt water disposal unit operation
§ 15-72-318. Order requiring salt water disposal unit operation — Contents
§ 15-72-319. Salt water disposal unit operation — Expenses
§ 15-72-320. Salt water disposal unit — Operator's lien
§ 15-72-321. Enlarged operation of salt water disposal unit established by previous order
§ 15-72-322. Oil and gas from salt water disposal unit — Product of tract