Tex. Natural Resources Code § 52.022
ROYALTY RATE
Texas · Texas Natural Resources Code · Status: effective
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- Citation
- Tex. Natural Resources Code § 52.022, ROYALTY RATE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/695167
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Full text
The board shall set the royalty rate on production of oil and gas from land leased under this subchapter. The royalty rate set must be at least one-eighth of the gross production or the market value of the oil and gas produced.