Natural Resources Code § 52.172
The landowner may sell or lease oil and gas, keep a second lien, and the resulting leases and sales are assignable. A delay rental below 10 cents per acre per year plus royalty is not allowed, and production triggers payments to the state and the soil owner.
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- United States — Texas
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- Language
- en
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leases mineral rights royalties sales
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Natural Resources Code § 52.172
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