Tex. Nat. Res. Code § 53.018

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 53.018 - Royalty

The royalty under the lease shall not be less than one-sixteenth of the value of the minerals produced under the lease.

Acts 1977, 65th Leg., p. 2470, ch. 871, art. I, Sec. 1, eff. 9/1/1977.