J.R. Hurd Sara Smith Hurd Patricia Hurd McGregor Victoria Hurd Goebel David W. Killam Adrian Kathleen Killam Tracy…

Summary

The court affirmed the circuit court’s order upholding the Arkansas Oil and Gas Commission’s amended integration orders, concluding that the Commission had statutory authority to reduce the royalty payable during the recoupment period under leases whose rates were excessive and unreasonable compared with arm’s-length leases in the area. The court held that the governing statutes authorized the Commission to impose just and reasonable integration terms and that the orders were neither ultra vires nor arbitrary or capricious.