Enrolled Bill Summary

House Bill 2436 amends the Natural Resources Code to require the Bureau of Economic Geology of The University of Texas at Austin to conduct a study of the East Texas oil field for the purpose of making recommendations regarding measures that should be taken to maximize the ultimate recovery of oil and gas from the field. The bill creates the East Texas Oil Field Advisory Committee, prescribes its composition and provides for the appointment of its members, and requires the committee to advise the bureau on matters relating to the study. The bureau is required to issue an interim report not later than January 1, 2003, and a final report not later than September 1, 2003, to the governor, lieutenant governor, and speaker of the house of representatives.