# A.R.S. § 27-506: 27-506 Regulation of drilling in pools; notice of sale, transfer or purchase > Arizona · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S506 ## Section - **Citation:** A.R.S. § 27-506 - **Heading:** 27-506 Regulation of drilling in pools; notice of sale, transfer or purchase - **Jurisdiction:** Arizona - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** Arizona Code / Title 27 / Chapter 4 / Article 1 / Section 506 ## Text 27-506. Regulation of drilling in pools; notice of sale, transfer or purchase A. The commissioner shall, upon notice and hearing, regulate drilling and location of wells in any pool and the production therefrom to prevent reasonably avoidable net drainage from each developed unit so that each owner in a pool shall have the right and opportunity to recover his fair and equitable share of recoverable oil and gas in the pool. B. A rule, regulation or order of the commissioner made under the provisions of this section shall not be of such effect as to: 1. Make it necessary for a producer from, or an owner of, a tract of land in a pool, in order to obtain his just and equitable share of the production of the pool, to drill and operate a well on the tract in addition to such wells as may without waste produce his share. 2. Occasion net drainage unless wells are drilled and operated on the tract in addition to such wells thereon as can without waste produce the tract's just and equitable share of the production of the pool. C. Any owner of a well, any owner of land upon which a well is located, or any lessor or lessee of land upon which a well is located shall notify the commission, in writing and on such form as the commission may prescribe, of the sale, assignment, transfer, conveyance or exchange of such well, land or lease. Such notice shall be made within ten days of such sale, assignment, transfer, conveyance or exchange and shall contain: 1. The name and address of the person to whom sold, assigned, transferred, conveyed or exchanged. 2. The name and location of the well. 3. The date of the sale, assignment, transfer, conveyance or exchange. D. Any person who acquires ownership or operation of any well, ownership of any land upon which a well is located or any lease rights to land on which a well is located, whether by purchase, assignment, transfer, conveyance, exchange or otherwise, shall, within ten days after acquiring such well, land or lease rights, notify the commission, in writing and on such form as the commission may prescribe, of his ownership or operation. Such notice shall contain: 1. The name and address of the person from whom acquired. 2. The name and location of the well. 3. The date of acquisition. 4. The date when operations are assumed or resumed by new owner. ## Nearby sections - [A.R.S. § 27-501 27-501 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S501.md) - [A.R.S. § 27-502 27-502 Declaration of policy](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S502.md) - [A.R.S. § 27-503 27-503 Waste of oil or gas prohibited; powers of commissioner to prevent waste](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S503.md) - [A.R.S. § 27-504 27-504 Drilling units; rules and regulations; exceptions](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S504.md) - [A.R.S. § 27-505 27-505 Pooling of interests](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S505.md) - [A.R.S. § 27-506 27-506 Regulation of drilling in pools; notice of sale, transfer or purchase](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S506.md) - [A.R.S. § 27-507.01 27-507.01 Common purchaser of crude oil and petroleum; duties; ratable taking; discrimination prohibited](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S507.01.md) - [A.R.S. § 27-508.01 27-508.01 Common purchaser of gas; duties; ratable taking; discrimination prohibited](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S508.01.md) - [A.R.S. § 27-509 27-509 Certificate of compliance](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S509.md) - [A.R.S. § 27-510 27-510 Certificate of clearance](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S510.md) - [A.R.S. § 27-511 27-511 Confiscation proceedings](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S511.md) - [A.R.S. § 27-512 27-512 Sale of illegal oil or gas or illegal products](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S512.md) - [A.R.S. § 27-513 27-513 Permit to drill well](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S513.md) - [A.R.S. § 27-513.01 27-513.01 Appointment by drilling permittee of attorney upon whom to serve process](https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S513.01.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AZ_T27_C4_A1_S506. Check the current official text before relying on it. Not legal advice.