Texas Statewide and Field Rules

HOW CLOSE CAN YOU LOCATE YOUR PRODUCING LATERAL TO AN ADJACENT TRACT? HOW MANY ACRES CAN YOU ASSIGN TO YOUR PRORATION UNIT?

Texas, like most states, has an intricate system of both Statewide and Special Field Rules defining the regulatory requirements for drilling and producing an oil and gas well in Texas. Because Texas is a vast, diverse state spanning close to 1000 miles, the field rules are intended to provide flexibility at the local level to guide production opportunities based on the geologic realities at hand. But be careful – what you can do in Reeves County will differ greatly from Panola County.

Download this HELG paper to get an overview and summary of the Texas Statewide and Field Rules.

ABOUT HOLLIDAY ENERGY LAW GROUP

At Holliday Energy Law Group, our core purpose is to create massive, outsized value but what does that mean? Value is defined as, “the importance, worth, or usefulness of something.” We not only strive to create massive value in everything we do, but we want to create massive, outsized value in ways that make us indispensable to our clients, partners and team members. We do this by sharing our  knowledge and expertise.