Sec. 66.61. DEFINITIONS. In this subchapter:
(1) "Board" means the Board for Lease of University Lands.
(2) "Board of regents" means the board of regents of The University of Texas System, except where otherwise specified.
(3) "Commissioner" means the commissioner of the General Land Office.
(4) "Oil and gas" means crude oil, natural gas, and all substances, including other hydrocarbons, produced in association with crude oil and natural gas.
(5) "University lands" means land dedicated to the permanent university fund.
(6) "Well" means an oil or gas well that has been assigned a well number by the state agency having regulatory jurisdiction over the production of oil and gas. A single wellbore may contain more than one well.
Amended by Acts 1997, 75th Leg., ch. 1324, Sec. 1, eff. Jan. 1, 1998.
Structure Texas Statutes
Subtitle C - The University of Texas System
Chapter 66 - Permanent University Fund
Subchapter D. Board for Lease of University Lands
Section 66.62. Board for Lease of University Lands
Section 66.63. Certain Board Actions
Section 66.64. Powers and Duties of the Board
Section 66.65. Board Staff; Exchange of Information With State Agencies
Section 66.68. Marginal Property Royalty Rates
Section 66.71. Lease Provisions
Section 66.72. Cessation of Production; Drilling and Reworking
Section 66.73. Shut-in Royalty
Section 66.74. Lease Extension or Suspension
Section 66.75. Protection From Drainage; Compensatory Royalties
Section 66.76. Assignment; Relinquishment
Section 66.77. Royalty Payments and Reports
Section 66.78. Interest and Penalties
Section 66.79. Payment of Royalty in Kind
Section 66.81. Audit Information Confidential
Section 66.82. Forfeiture; Other Remedies