Sec. 102.015. PROHIBITED PROVISIONS IN OPERATING AGREEMENT. A pooling agreement, offer to pool, or pooling order is not considered fair and reasonable if it provides for an operating agreement containing any of the following provisions:
(1) preferential right of the operator to purchase mineral interests in the unit;
(2) a call on or option to purchase production from the unit;
(3) operating charges that include any part of district or central office expense other than reasonable overhead charges; or
(4) prohibition against nonoperators questioning the operation of the unit.
Acts 1977, 65th Leg., p. 2572, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Structure Texas Statutes
Subtitle C - Pooling and Cooperative Agreements
Subchapter B. Requirements and Procedure for Pooling
Section 102.011. Authority of Commission
Section 102.012. Owners Authorized to Apply for Pooling
Section 102.013. Required Voluntary Pooling Offer
Section 102.014. Productive Acreage Equal to Standard Proration Unit
Section 102.015. Prohibited Provisions in Operating Agreement
Section 102.016. Notice of Hearing