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Arkansas General Assembly· HB 1656Notification that HB1656 is now Act 1024

An act TO AMEND THE LAW REGARDING OIL AND GAS 10 PRODUCTION AND CONSERVATION, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
Stricken language would be deleted from and underlined language would be added to present law.

1 State of Arkansas        As Engrossed: S3/19/25 S4/1/25
2 95th General Assembly
                                    A Bill

3 Regular Session, 2025                                          HOUSE BILL 1656

4

5 By: Representative Beck

6 By: Senator B. Davis

7

8                          For An Act To Be Entitled

9   AN ACT TO AMEND THE LAW REGARDING OIL AND GAS

10  PRODUCTION AND CONSERVATION; TO CLARIFY THE

11  ALLOCATION OF PRODUCTION AND COST FOLLOWING

12  INTEGRATION ORDER BY DEFINING "NET PROCEEDS"; TO

13  ADDRESS OBLIGATIONS OF OPERATORS AND WORKING INTEREST

14  OWNERS TO MINERAL OWNERS; AND FOR OTHER PURPOSES.

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16

17                                  Subtitle

18                       TO AMEND THE LAW REGARDING OIL AND GAS

19                       PRODUCTION AND CONSERVATION.

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21 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:

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23  SECTION 1. Arkansas Code � 15-72-305, concerning the allocation of

24 production and cost following integration order, is amended to add additional

25 subsections to read as follows:

26  (c) As used in this section, "net proceeds" means the same as defined

27 in � 15-72-325.

28

29  SECTION 2. Arkansas Code Title 15, Chapter 72, Subchapter 3, is

30 amended to add an additional section to read as follows:

31  15-72-325. Obligation of operators and working interest owners to

32 mineral owners -- Definition.

33  (a) As used in this section, "net proceeds" means:

34  (1) If a mineral interest within a drilling unit is an

35 integrated interest not covered by an executed lease, the gross proceeds from

36 the sale of gas, including royalty gas, minus applicable taxes, assessments,

    *CRH145*                                                     04-01-2025 11:41:49 CRH145
    As Engrossed: S3/19/25 S4/1/25                                          HB1656

1 and true third-party costs or costs specifically allowed by the form lease

2 adopted by the Oil and Gas Commission; and

3               (2) If a mineral interest within a drilling unit is covered by

4 an executed lease, the gross proceeds from the sale of gas, including royalty

5 gas, minus applicable tax, assessments, and charges or deductions

6 specifically allowed by the terms of the lease.

7   (b)(1) Ownership of minerals, including the proceeds paid as royalty

8 from the sale of the production of the mineral estate, is a property right.

9               (2) Subject to subsection (c) of this section, a mineral owner

10 shall have the right to contract pertaining to their owned mineral interest.

11  (c)(1) The minimum royalty payable to royalty owners from the

12 production of gas shall be one-eighth (1/8) of the net proceeds from the sale

13 of the gas.

14              (2) A mineral owner may negotiate a higher royalty with a lessee

15 by contract.

16              (d)(1) If a mineral interest within a drilling unit is covered

17 by an executed lease, then the working interest owner or owners of the

18 respective lease is or are responsible for ensuring the full amount of

19 royalties are paid to a royalty owner in compliance with the terms of the

20 lease regardless of whether the payments are made by the operator or, if

21 applicable the nonoperating working interest owner or owners that is or are a

22 party to the lease.

23              (2) If deductions or expenses are taken by the operator or the

24 nonoperating working interest owner or owners that is or are a party to the

25 lease that are not in accordance with the lease terms, including deductions

26 and expenses pertaining to royalty gas, then the deductions or expenses not

27 specifically allowed by the applicable lease shall be reimbursed to the

28 royalty owner within thirty (30) days of the deduction being taken from the

29 royalty payment of the royalty owner.

30              (3) This section and � 15-72-305 shall not excuse or relieve the

31 obligation of a working interest owner as it pertains to the contractual

32 lease obligations with the royalty owner.

33  (e) This section is not applicable to any producing unit or well that

34 produces liquid hydrocarbons only, liquid hydrocarbons associated with the

35 production of gas, or gas produced associated with the production of liquid

36 hydrocarbons.

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    As Engrossed: S3/19/25 S4/1/25                                               HB1656
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