Texas Natural Resources Code 52.011 – Area Subject to Lease
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Terms Used In Texas Natural Resources Code 52.011
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
Under the provisions of this subchapter, the board may lease to any person for the production of oil and natural gas:
(1) islands, saltwater lakes, bays, inlets, marshes, and reefs owned by the state within tidewater limits;
(2) the portion of the Gulf of Mexico within the jurisdiction of the state;
(3) all unsold surveyed and unsurveyed public school land; and
(4) all land sold with a reservation of minerals to the state under Section 51.054 or 51.086 of this code in which the state has retained leasing rights.