102.013 – REQUIRED VOLUNTARY POOLING OFFER. (a) The
Texas Natural Resources Code § 102.013
Summary
This law mandates that applicants for oil or gas pooling must provide detailed information about their voluntary pooling offers to other interest owners. If the commission determines that the offer is not fair or reasonable, the application will be dismissed.
Applicants must detail voluntary pooling offers made to interest owners.
The commission can dismiss applications lacking fair offers.
Fairness of offers is assessed based on reasonableness.
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In simple terms: Learn about Texas's REQUIRED VOLUNTARY POOLING OFFER. (a) The law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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