H.B. No. 3226
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. Section 102.082, Natural Resources Code, is
amended to read as follows:
Sec. 102.082. AUTOMATIC DISSOLUTION. A unit is
automatically dissolved:
(1) two years [one year] after its effective date if no
production or drilling operations have been had on the unit or
surface location for the unit;
(2) six months after the completion of a dry hole on
the unit; or
(3) six months after cessation of production from the
unit.
SECTION 2. This Act takes effect September 1, 2019.
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 3226 was passed by the House on April
9, 2019, by the following vote: Yeas 146, Nays 0, 1 present, not
voting.
______________________________
Chief Clerk of the House
I certify that H.B. No. 3226 was passed by the Senate on May
3, 2019, by the following vote: Yeas 31, Nays 0.
______________________________
Secretary of the Senate
APPROVED: _____________________
Date
_____________________
Governor