(Just in case you missed this on the Home page)
This just received from NARO Texas regarding a proposed bill that would allow Forced Unitization in Texas:
A Note from NARO TX |
March 12, 2013 |
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A Hearing has been scheduled for Wednesday, March 13, at 2:00 PM, for Texas HB 100 – authored by Representative Van Taylor. The bill is listed as relating to unit operations for oil, gas or oil and gas production or carbon dioxide storage and the short title is: Oil & Gas Majority Rights Protection Act. In other words FORCED UNITIZATION FOR TEXAS.
Texas mineral and royalty owners are urged to contact Texas House Energy Resources Chairman, Jim Keffer, other committee members, and your Texas representative to request this bill not be passed out of committee. (Vote against HB 100). Texas mineral and royalty owners are not against unitization, but are opposed to Forced Unitization. If this bill is passed and a mineral/royalty owner objects to the unitization, then that owner can be forced into the unit at 1/6 RI, or as a working interest owner.
For more information, the text of the bill can be located by the following: go to www.Texas.gov click on the word Legislative located on the extreme top right corner under the picture of Governor Perry. You will be on the Texas Legislature home page for the current session. Click on bill number then type in HB 100 in the search box. When the page for that bill appears click on the tab at the top of the page, you can then read the entire bill.
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Here's the page with the committee members - if you click on their photo, then there's an email link on the next page by which you can send a message:
Tx House Energy Resources Cmte
forced unionization... lease/contract destruction and the state exempts itself!!!!!!!! what else do you need. if this passes there could be awful trouble in the oil/gas patch!
thanks for posting this... the more people informed... the better. i know a lot of people have sent email and letters to their legislators. I sent an email and have yet to hear from my marshal,l texas lawmaker who is on the committee to decide this. i don't take that as a good sign. a lot of "his people" are mineral owners too!
jhh
sorry... it should have said unitization.... spell check got me.
I emailed every member on the Energy Resources Cmte...but they need to hear from THOUSANDS of mineral owners!
PJ
Jack hodges said:
forced unionization... lease/contract destruction and the state exempts itself!!!!!!!! what else do you need. if this passes there could be awful trouble in the oil/gas patch!
thanks for posting this... the more people informed... the better. i know a lot of people have sent email and letters to their legislators. I sent an email and have yet to hear from my marshal,l texas lawmaker who is on the committee to decide this. i don't take that as a good sign. a lot of "his people" are mineral owners too!
jhh
very good. thanks for your work!
If these BOZOS in Austin let this pass, let's remember them when they come up for re-election. If it's not good enough for the State of Texas how can this be good for the little mineral/property/royalty owner?
Paige, Thanks for all the work you do to inform/help other Forum Members.
Clint Liles
Maybe this is a reason why i don't like a lot of people moving in from other states and start messing with what we have? maybe i'm just paranoid?
It's my pleasure to "pay it forward". Believe me, I've learned so much from this forum, and keep learning thanks to so many helpful people such as yourself. For those of us who are newbies at this, it's an incredible resource.
Pj
Clint Liles said:
If these BOZOS in Austin let this pass, let's remember them when they come up for re-election. If it's not good enough for the State of Texas how can this be good for the little mineral/property/royalty owner?
Paige, Thanks for all the work you do to inform/help other Forum Members.
Clint Liles
I read part of the bill and that is not what I understood.
| Sec. 104.057. STATUS OF UNLEASED MINERAL INTERESTS. Any |
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mineral interest in the unit area that is unleased on the effective |
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date of unitization is considered for purposes of unit |
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participation: |
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(1) to have a royalty interest of one-sixth of that |
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interest, free and clear of all unit expenses; and |
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(2) to be a working interest to the extent of |
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five-sixths of that interest, with all the rights and obligations |
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of a lessee as if the mineral rights were leased.
This is part of the Bill that I read and to me it looks like it pertains to those that are unleased (not really sure how that could happen in a unit but what do I know??) If I am not reading it correctly please help me. Thanks
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