{"data":{"id":"us-ar/ark.-code-ann.-15-73-207","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 15-73-207","heading":"Prudent operator standard","body":"(a) A mineral lessee under an oil and gas lease does not owe a fiduciary duty or a fiduciary obligation to the mineral lessor. (b) The mineral lessee shall: (1) Perform the covenants of the lease in good faith; and (2) Develop and operate the leased mineral estate as a prudent operator for the mutual benefit of the mineral lessor and mineral lessee. Acts 2009, No. 719, § 1.\n\n(a) A mineral lessee under an oil and gas lease does not owe a fiduciary duty or a fiduciary obligation to the mineral lessor.\n\n(b) The mineral lessee shall: (1) Perform the covenants of the lease in good faith; and (2) Develop and operate the leased mineral estate as a prudent operator for the mutual benefit of the mineral lessor and mineral lessee.\n\n(1) Perform the covenants of the lease in good faith; and\n\n(2) Develop and operate the leased mineral estate as a prudent operator for the mutual benefit of the mineral lessor and mineral lessee.","path":["AR Code","Title 15","Chapter 73","Subchapter 2"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"adb7b72ce570a388279bf4539cb674e6453f06ddd6b72d257356fd44d780ea52","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-15-73-205","next":"us-ar/ark.-code-ann.-15-73-208"},"notice":"GroundRules: Original legal text. Not legal advice."}
