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.
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