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

Tex. Natural Resources Code § 32.1072: MINIMUM ROYALTY, BONUS, AND RENTAL.

Where this section sits in the code

The board may not accept a bid on an oil and gas lease that offers:

(1) a royalty of less than one-eighth of the gross production of oil and gas; or

(2) a cash bonus of less than $10 an acre.

Added by Acts 1985, 69th Leg., ch. 624, Sec. 22, eff. Sept. 1, 1985. Amended by Acts 1993, 73rd Leg., ch. 897, Sec. 11, eff. Sept. 1, 1993.

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