Sec. 86.083. EXERCISE OF AUTHORITY TO ADJUST CORRELATIVE RIGHTS AND OPPORTUNITIES. The commission shall exercise its authority to adjust correlative rights and opportunities of each owner of gas in a common reservoir to produce and use or sell the gas when evidence introduced at a hearing after proper notice will support a finding made by the commission that the aggregate lawful volume of the open flow or daily potential capacity to produce of all gas wells located in a common reservoir is in excess of the daily reasonable market demand for gas from gas wells that may be produced from the common reservoir, to be used as permitted in this chapter.
Acts 1977, 65th Leg., p. 2534, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Structure Texas Statutes
Subtitle B - Conservation and Regulation of Oil and Gas
Chapter 86 - Regulation of Natural Gas
Subchapter D. Production of Gas
Section 86.081. Regulation of Production
Section 86.082. Exercise of Authority to Prevent Waste
Section 86.083. Exercise of Authority to Adjust Correlative Rights and Opportunities
Section 86.084. Determination of Status of Production
Section 86.085. Determination of Demand and Volume
Section 86.086. Monthly Reservoir Allowable
Section 86.087. Monthly Well Allowable
Section 86.088. Daily Allowable
Section 86.089. Factors in Determining Allowable
Section 86.090. Authorizing Overproduction and Underproduction
Section 86.091. Marginal Gas Well and Limits on Well Restrictions
Section 86.093. Effect of Oil and Gas Stratum on Gas Only Stratum
Section 86.094. Authority to Increase Take Above Allowable
Section 86.095. Zoning Common Reservoirs