|
|
|
State Law
Federal Law
|
Texas Natural Resources Code - Chapter 71 Lease For Mineral DevelopmentLegal Research Home > Texas Lawyer > Natural Resources Code > Texas Natural Resources Code - Chapter 71 Lease For Mineral Development In this subchapter, "political subdivision" means any body corporate with a recognized and defined area. Acts 1977, 65th Leg., p. 2504, ch. 871, art. I, ... A political subdivision may lease land owned by it for mineral development, including development of coal and lignite. Acts 1977, 65th Leg., p. 2504, ch. ... The governing body of the political subdivision which is vested by law with management, control, and supervision of the political subdivision shall exercise the right ... Before a lease is made under this subchapter, notice must be given and a public hearing must be held for consideration of bids. Acts 1977, ... (a) After the governing body determines that it is advisable to lease land belonging to the political subdivision, it shall give notice of the intention ... On the date specified in the notice, the governing body of the political subdivision shall receive and consider bids submitted for leasing all or part ... If the governing body believes that the bids submitted to it do not represent the fair value of the leases, the governing body may reject ... A lease made under this subchapter, including leases for coal and lignite, may be granted by public auction. Acts 1977, 65th Leg., p. 2505, ch. ... (a) In each lease other than a lease for coal and lignite executed under this subchapter, the lessor shall retain at least a one-eighth royalty. ... (a) No primary term of a lease other than a lease for coal and lignite made under this subchapter may be for a period of ... In this subchapter: (1) "City or town" means a city or town organized or chartered under the general laws of the state or under a ... A city, town, or political subdivision may insert in an oil and gas lease or in an oil, gas, and mineral lease executed by it ... With respect to land owned by the city or town or other land owned by the political subdivisions, the drilling or spacing units may not ... Leases of county school land that are governed by Article VII, Section 6, of the Texas Constitution, may include authorization for the formation of drilling ... A lease covered by this subchapter may provide: (1) that the entire acreage pooled into a unit shall be treated for all purposes except the ... On application of the lessee or present owner of any oil and gas lease or any oil, gas, and mineral lease validly executed before June ... (a) A city, town, or political subdivision without notice may commit, to any agreement that provides for the operation of areas as a unit for ... Last modified: August 10, 2007 |