79R6018 T
By: Farabee H.B. No. 1161
A BILL TO BE ENTITLED
AN ACT
relating to the provision of certain information to oil and gas
royalty interest owners.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subsection (e) of Section 91.504, Natural
Resources Code, is amended to read as follows:
(e) At least once every 12 months, a payor shall provide the
following statement to each royalty interest owner to whom the
payor makes a payment:
Section 91.504, Texas Natural Resources Code, gives an owner
of a royalty interest in oil or gas produced in Texas the right to
request from a payor information about itemized deductions, the
heating value of the gas, and the Railroad Commission of Texas
identification number for the lease, property, or well that may not
have been provided to the royalty interest owner. The request must
be in writing and must be made by certified mail. A payor must
respond to a request regarding itemized deductions, the heating
value of the gas, or the Railroad Commission of Texas
identification number by certified mail not later than the 60th day
after the date the request is received. [Additional information
regarding production and related information may be obtained by
contacting the Railroad Commission of Texas' Office of Public
Assistance or accessing the commission's website.] If a royalty
interest owner provides knows the Railroad Commission of Texas
identification number and the county in which the lease is located,
the Railroad Commission can provide the royalty interest owner with
the production data that have been reported to the commission.
Royalty interest owners may obtain reported production data by
contacting the Railroad Commission of Texas' Oil and Gas Division
or by accessing the commission's web site.
SECTION 2. This Act takes effect September 1, 2005.