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    • Legislation USA
    • 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
    • Subchapter 7 - Royalties
    • § 15-74-706. Contracting to buy royalty gas for less than price paid operator or lessee

    Arkansas Code
    Subchapter 7 - Royalties
    § 15-74-706. Contracting to buy royalty gas for less than price paid operator or lessee

    It shall be unlawful for any pipeline company, corporation, or individual purchasing oil or gas from the operator or lessee of any oil, gas, or mineral lease to enter into any contract with the operator or lessee whereby the purchaser acquires the royalty oil or gas reserved in the oil, gas, or mineral lease for any price less than the price paid the operator or lessee of the lease.

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    Structure Arkansas Code

    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

    Subchapter 7 - Royalties

    § 15-74-701. Penalty

    § 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

    § 15-74-704. Paying part of production cost or giving bonus or premium without paying share to royalty interest

    § 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

    § 15-74-708. Forfeiture of lease upon lessee receiving more than share from sale — Purchaser to pay treble value

    § 15-74-709. Default or delinquency by lessees or others responsible for payment of royalties

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