Arkansas Administrative Code
Agency 178 - Arkansas Oil and Gas Commission
Rule 178.00.01-001 - Rule C-5 - Oil Assessment; Rule D-14 - Gas Assessment
Current through Register Vol. 49, No. 2, February 2024
RULE C-5 OIL ASSESSMENT
Oil conservation assessment, in order to pay the costs in connection with oil and gas conservation administration, not otherwise provided for, shall be made as follows:
A. There shall be assessed a charge not to exceed fifty (50) (Acts 2001, No. 1188 General Assembly) on each barrel of crude oil or petroleum marketed or used from a field or pool each month. Said charge and assessment shall only apply to the first purchase or use of oil from the producer and not to subsequent transfers commonly referred to as "tenderships."Effective on and after January 1, 2002, the oil conservation assessment shall be 43 mills.
RULE D-14 GAS ASSESSMENT
An assessment to pay the conservation expenses and other costs in connection with administration of gas conservation, not otherwise provided for, may be made as follows:
A. There shall be assessed against the persons involved, a charge not to exceedten (10) mills(Acts 2001, No. 1188 General Assembly) on each one thousand (1,000) cubic feet of gas produced, sold, marketed or used each month from a gas well. Said assessments shall apply only to the first purchase of gas, or the original taking from the well, and not the subsequent transfers, commonly referred to as "tenderships." Effective on and after January 1, 2002, the gas conservation assessment shall be 9 mills.
