Texas Estates Code

§ 358.060 — AMENDMENT OF LEASE REGARDING EFFECT OF SHUT-IN GAS WELL

ES § 358.060Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part H. CONTINUATION OF ADMINISTRATION · Ch. 358. MATTERS RELATING TO MINERAL PROPERTIES · Art. B. MINERAL LEASES AFTER PUBLIC NOTICE

Statute text

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(a)An oil, gas, and mineral lease executed by a personal representative may be amended by an instrument that provides that a shut-in gas well on the land covered by the lease or on land pooled with all or part of the land covered by the lease continues the lease in effect after the lease's five-year primary term.

(b)The personal representative, with the approval of the court, shall execute the instrument according to the terms and conditions prescribed by the instrument. Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014. Amended by:

Legislative history

Acts 2019, 86th Leg., R.S., Ch. 846 (H.B. 2780), Sec. 3, eff. September 1, 2019.