Texas Statutes
§ 91.408 — INFORMATION FOR PAYEES OF PROCEEDS OF PRODUCTION FROM CERTAIN GAS WELLS.
Texas § 91.408
JurisdictionTexas
Code NRNatural Resources Code
This text of Texas § 91.408 (INFORMATION FOR PAYEES OF PROCEEDS OF PRODUCTION FROM CERTAIN GAS WELLS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Natural Resources Code Code Ann. § 91.408 (2026).
Text
Sec. 91.408. INFORMATION FOR PAYEES OF PROCEEDS OF PRODUCTION FROM CERTAIN GAS WELLS.
(a)A payor of proceeds from the sale of gas produced from a tight formation as defined by Section 29(c)(2)(B), Internal Revenue Code of 1986, annually shall furnish the payee a statement providing the information necessary to compute the federal income tax credit provided by that section for the gas for which payment was made in the preceding year, including:
(1)information as described in Section 91.502 (1) of this code; and
(2)the volume of the gas, measured in:
(A)thousands of cubic feet and heating value; or
(B)millions of British thermal units for each thousand cubic feet.
(b)A payor shall furnish a statement required by Subsection (a) not later than March 15 each year.
SUBCHAPTER K. SALTWATER
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Legislative History
Added by Acts 1999, 76th Leg., ch. 609, Sec. 1, eff. Sept. 1, 1999; Acts 1999, 76th Leg., ch. 1483, Sec. 5, eff. Sept. 1, 1999.
Nearby Sections
15
§ 91.001
DEFINITIONS.§ 91.002
CRIMINAL PENALTY.§ 91.011
CASING.§ 91.0115
CASING; LETTER OF DETERMINATION.§ 91.012
WATER IN WELLS.§ 91.014
PETITION TO RESTRAIN WASTE.§ 91.015
PREVENTION OF WASTE.§ 91.017
USING GAS IN THE OPEN AIR.§ 91.018
ILLUMINATION.§ 91.020
ELECTRONIC GEOLOGIC DATA.§ 91.051
TITLE.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 91.408, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/NR/91.408.