Every person drilling for oil or gas or operating, owning, controlling, or in possession of any well drilled for oil or gas, shall post on the derrick or in a conspicuous place near the well, a sign in reasonably large and clear lettering, showing the name of the person drilling, operating, owning, or controlling the well; the name of the lease; the number of the well; the permit number; and the legal land description of the location by county, section, township, and range. Such sign shall be in place when drilling commences and shall be maintained until such time as the well is abandoned.