Arkansas § 15-72-308 - Petition for unit operation — Hearing.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-72-308 — Petition for unit operation — Hearing., with citation guidance and answers to common questions.
§ 15-72-308. Petition for unit operation — Hearing.
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. The petition shall contain the following: A description of the proposed unit area; A statement of the nature of the proposed unit operation; and A conformed copy of the proposed unit operating agreement, which may be a composite of executed counterparts of the agreement. The petition may be filed by one (1) or more persons authorized in the unit operating agreement to file it with the commission.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-72-308
What does Arkansas Code of 1987 Annotated § 15-72-308 cover?
Section 15-72-308 ("Petition for unit operation — Hearing.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 15-72-308?
A common citation format is "Arkansas Code of 1987 Annotated § 15-72-308" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 15-72-308 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.