Texas Natural Resources Code - Section 91.141. Books And Records
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§ 91.141. BOOKS AND RECORDS. (a) Owners and operators of
oil and gas wells shall keep books that show accurately:
(1) the amount of sold and unsold stock;
(2) the amount of promotion money paid;
(3) the amount of oil and gas produced and disposed of
and the price for which the oil and gas was sold;
(4) the receipts from the sale or transfer of leases or
other property; and
(5) disbursements made in connection with or for the
benefit of the business.
(b) The books shall be kept open for the inspection of the
commission or any accredited representative of the commission and
any stockholder or shareholder or royalty owner in the business.
(c) The owners and operators of oil and gas wells shall
report the information to the commission for its information if
required by the commission to do so.
Acts 1977, 65th Leg., p. 2564, ch. 871, art. I, § 1, eff. Sept. 1,
1977.
Section: 91.1131 91.1132 91.1135 91.114 91.115 91.116 91.117 91.141 91.142 91.143 91.171 91.172 91.173 91.174 91.175
Last modified: August 10, 2007
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