The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
DISCLAIMER
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
1. Conserve the natural resources of oil and gas and products thereof.
2. Prevent waste of oil and gas resources.
3. Provide for protection and adjustment of correlative rights of owners of land wherein the natural resources lie and of owners and producers of oil and gas resources and products thereof, and of others interested therein.
4. Encourage development of natural resources of oil and gas and their products.
5. Encourage continuous and economic supply thereof and demand therefor.
6. Safeguard the health, property and public welfare of citizens of the state and other interested persons.
7. Promote all purposes indicated by the provisions of this article.
B. This article shall be administered by the oil and gas conservation commission.
C. The legislature finds and declares that oil and gas in commercial quantities have now been discovered and are being produced within this state.