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2025 Texas Statutes
Natural Resources Code
Title 2 - Public Domain
Subtitle C - Administration
Chapter 32 - School Land Board
Subchapter E. Conditions of Leases
Section 32.151. Term of Lease
Universal Citation:
TX Nat Res Code § 32.151 (2025)
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Sec. 32.151. TERM OF LEASE. Each oil and gas lease shall be for a primary term not to exceed 10 years and for as long thereafter as oil or gas is produced in paying quantities.
Added by Acts 1985, 69th Leg., ch. 624, Sec. 24, eff. Sept. 1, 1985. Amended by Acts 1993, 73rd Leg., ch. 897, Sec. 14, eff. Sept. 1, 1993.
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