86R17083 TYPED
By: Geren, Darby H.B. No. 3226
A BILL TO BE ENTITLED
AN ACT
relating to the terms of dissolution of an oil or gas pooled unit.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. 102.082 (1), Natural Resources Code, is amended
to read as follows:
A unit is automatically dissolved:
(1) one two years after its effective date if no production
or drilling operations have been had on the unit or
surface location for the unit;
SECTION 2. This Act takes effect September 1, 2019.