Section 91.502 - Types of Information Provided Each check stub, attachment to a payment form, or other remittance advice must include:
(1) the lease, property, or well name, any lease, property, or well identification number used to identify the lease, property, or well, and a county and state in which the lease, property, or well is located;(2) the month and year during which the sales occurred for which payment is being made;(3) the total number of barrels of oil or the total amount of gas sold;(4) the price per barrel or per MCF of oil or gas sold;(5) the total amount of state severance and other production taxes paid;(6) the windfall profit tax paid on the owner's interest;(7) any other deductions or adjustments;(8) the net value of total sales after deductions;(9) the owner's interest in sales from the lease, property, or well expressed as a decimal;(10) the owner's share of the total value of sales before any tax deductions;(11) the owner's share of the sales value less deductions; and(12) an address and telephone number at which additional information regarding the payment may be obtained and questions may be answered.Tex. Nat. Res. Code § 91.502
Amended by Acts 2001, 77th Leg., ch. 824, Sec. 2, eff. 9/1/2002.Added by Acts 1985, 69th Leg., ch. 199, Sec. 1, eff. 9/1/1985.