Texas Natural Resources Code § 86.083 Exercise Of Authority To Adjust Correlative Rights And Opportunities

Sec. 86.083. EXERCISE OF AUTHORITY TO ADJUST CORRELATIVE RIGHTS AND OPPORTUNITIES. The commission shall exercise its authority to adjust correlative rights and opportunities of each owner of gas in a common reservoir to produce and use or sell the gas when evidence introduced at a hearing after proper notice will support a finding made by the commission that the aggregate lawful volume of the open flow or daily potential capacity to produce of all gas wells located in a common reservoir is in excess of the daily reasonable market demand for gas from gas wells that may be produced from the common reservoir, to be used as permitted in this chapter.

Acts 1977, 65th Leg., p. 2534, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.

Section: Previous  86.011  86.012  86.041  86.042  86.043  86.081  86.082  86.083  86.084  86.085  86.086  86.087  86.088  86.089  86.090  Next

Last modified: September 28, 2016