Texas Statutes (Last Updated: January 4, 2014) |
NATURAL RESOURCES CODE |
Title 3. OIL AND GAS |
Subtitle B. CONSERVATION AND REGULATION OF OIL AND GAS |
Chapter 85. CONSERVATION OF OIL AND GAS |
Subchapter C. PROVISIONS GENERALLY APPLICABLE TO THE CONSERVATION OF OIL AND GAS |
Sec. 85.048. AUTHORITY TO LIMIT PRODUCTION
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(a) Under the provisions of Subsection (10), Section 85.046 of this code, the commission shall not restrict the production of oil from any new field brought into production by exploration until the total production from that field is 10,000 barrels of oil a day in the aggregate.
(b) The commission's authority to restrict production from a new field under other provisions of Section 85.046 of this code is not limited by this section.
Acts 1977, 65th Leg., p. 2517, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.