Tex. Natural Resources Code § 32.151: TERM OF LEASE.
Where this section sits in the code
- NATURAL RESOURCES CODE
- TITLE 2. PUBLIC DOMAIN
- SUBTITLE C. ADMINISTRATION
- CHAPTER 32. SCHOOL LAND BOARD
- SUBCHAPTER E. CONDITIONS OF LEASES
Each oil and gas lease shall be for a primary term not to exceed 10 years and for as long thereafter as oil or gas is produced in paying quantities.
Added by Acts 1985, 69th Leg., ch. 624, Sec. 24, eff. Sept. 1, 1985. Amended by Acts 1993, 73rd Leg., ch. 897, Sec. 14, eff. Sept. 1, 1993.
Collected 2026-08-27T01:47:28Z. Source file · JSON