102.052 – DRILLING AND COMPLETION COSTS. (a) As to an
Texas Natural Resources Code § 102.052
Summary
This law allows owners who do not pay their share of drilling and completion costs upfront to be reimbursed from production revenues. It ensures that those who advance costs can recover their expenses, including a risk charge, from the produced resources.
Applies to owners not paying upfront drilling costs.
Reimbursement comes solely from production revenues.
Includes actual costs plus a risk charge up to 100%.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's DRILLING AND COMPLETION COSTS. (a) As to an law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.