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 86. REGULATION OF NATURAL GAS |
Subchapter D. PRODUCTION OF GAS |
Sec. 86.086. MONTHLY RESERVOIR ALLOWABLE
Latest version.
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After determining demand for and volume of production from a prorated reservoir as provided in Section 86.085, the commission shall fix the monthly reservoir allowable of gas to be produced from the reservoir at the lawful market demand for the gas or at the volume that can be produced from the reservoir without waste, whichever is the smaller quantity.
Acts 1977, 65th Leg., p. 2535, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by: Acts 2005, 79th Leg., Ch. 881 , Sec. 4, eff. June 17, 2005.