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Texas Natural Resources Code

§ 102.017 — POOLING ORDER

NR § 102.017Title 3. OIL AND GAS · Part C. POOLING AND COOPERATIVE AGREEMENTS · Ch. 102. POOLING · Art. B. REQUIREMENTS AND PROCEDURE FOR POOLING

Statute text

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(a)After notice and hearing, all orders effecting the pooling shall be made on terms and conditions that are fair and reasonable and will afford the owner or owners of each tract or interest in the unit the opportunity to produce or receive his fair share.
(b)Each order shall:
(1)describe the land included in the unit, identifying the reservoir to which it applies;
(2)designate the location of the well; and
(3)appoint an operator for the unit.

Legislative history

Acts 1977, 65th Leg., p. 2572, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.

Source: Texas Natural Resources Code § 102.017 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.