102.051 – OWNERSHIP OF PRODUCTION. (a) For the purpose of
Texas Natural Resources Code § 102.051
Summary
This law outlines how production from a pooled unit is allocated among landowners based on the size of their tracts. It ensures that each owner receives a fair share of production proportional to their land's surface area. This affects landowners and operators involved in pooled units in Texas.
Production allocation is based on surface acreage.
Each tract's share corresponds to its size relative to the unit.
Commission may adjust allocation methods if necessary.
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In simple terms: Learn about Texas's OWNERSHIP OF PRODUCTION. (a) For the purpose of 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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