GroundRules
Tex. Natural Resources Code § 89.028: ESCROW FUNDS.
Where this section sits in the code
- NATURAL RESOURCES CODE
- TITLE 3. OIL AND GAS
- SUBTITLE B. CONSERVATION AND REGULATION OF OIL AND GAS
- CHAPTER 89. ABANDONED WELLS
- SUBCHAPTER B-1. PLUGGING OF CERTAIN INACTIVE WELLS
(a) Escrow funds described by Section 89.023(a)(3)(F) must be deposited with the commission each time an operator files an application for an extension of the deadline for plugging an inactive well.
(b) Escrow funds deposited with the commission may be released only with the approval of the commission as prescribed by commission rule.
Added by Acts 2009, 81st Leg., R.S., Ch. 442 (H.B. 2259), Sec. 2, eff. September 1, 2009.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 562 (H.B. 3134), Sec. 7, eff. June 17, 2011.
Collected 2026-08-27T01:47:28Z. Source file · JSON