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.