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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Natural Resources Code § 102.052: DRILLING AND COMPLETION COSTS.

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Where this section sits in the code
  1. NATURAL RESOURCES CODE
  2. TITLE 3. OIL AND GAS
  3. SUBTITLE C. POOLING AND COOPERATIVE AGREEMENTS
  4. CHAPTER 102. POOLING
  5. SUBCHAPTER C. RIGHTS IN A POOLED UNIT

(a) As to an owner who elects not to pay his proportionate share of the drilling and completion costs in advance, the commission shall make provision in the pooling order for reimbursement solely out of production, to the parties advancing the costs, of all actual and reasonable drilling, completion, and operating costs plus a charge for risk not to exceed 100 percent of the drilling and completion costs.

(b) If there is a dispute relative to the costs, the commission shall determine the proper costs and their allocation among working interest owners after due notice to interested parties and a hearing on the costs.

Acts 1977, 65th Leg., p. 2573, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.

Collected 2026-08-27T01:47:28Z. Source file · JSON

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