It shall be unlawful for any purchaser of oil or gas to enter into any contract with any lessee or operator under any oil, gas, or mineral lease, whereby the purchaser undertakes to pay any of the cost or expense of operation or production, steaming, treating, or running oil or gas or any other bonus or premium under any name or subterfuge whatsoever, without providing for paying to the royalty interest its proportionate share according to interest therein.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 6 - Oil, Gas, and Brine
Chapter 74 - Measurement, Inspection, And Sale Of Oil And Gas
§ 15-74-702. Royalties paid in lieu of drilling off-set wells on adjacent units
§ 15-74-703. Entitlement of royalty interests to premiums and bonuses
§ 15-74-705. Purchaser's price for royalty gas
§ 15-74-706. Contracting to buy royalty gas for less than price paid operator or lessee
§ 15-74-707. Time of royalty payment — Monthly statements to royalty owner
§ 15-74-709. Default or delinquency by lessees or others responsible for payment of royalties