Texas Natural Resources Code Chapter 52 > Subchapter E – Unitization of Leased Areas
Current as of: 2024 | Check for updates
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§ 52.151 | Authorization to Operate Areas as Units |
§ 52.152 | Approval of Agreements |
§ 52.153 | Provisions of Agreement |
§ 52.154 | Ratifications and Other Agreements |
Terms Used In Texas Natural Resources Code Chapter 52 > Subchapter E - Unitization of Leased Areas
- Contract: A legal written agreement that becomes binding when signed.
- 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
- Rule: includes regulation. See Texas Government Code 311.005