Tex. Natural Resources Code § 71.009
This is the official text of Tex. Natural Resources Code § 71.009, part of Texas’s Natural Resources Code — governs land, minerals, and natural resource management.
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§ 71.009. ROYALTY.
Official statutory text
(a) In each lease other than a lease for coal and lignite executed under this subchapter, the lessor shall retain at least a one-eighth royalty.
(b) In a lease for coal and lignite executed under this subchapter, the lessor shall retain at least a royalty based on one of the following or a combination of the following:
(1) a sum certain per ton;
(2) a percentage certain of the gross sale price F.O.B. at the mine site of the coal and lignite; or
(3) a sum certain for each acre-foot of coal and lignite mined and removed from the premises.
(c) Royalties under a coal and lignite lease may be paid as advanced mineral royalties.
(b) In a lease for coal and lignite executed under this subchapter, the lessor shall retain at least a royalty based on one of the following or a combination of the following:
(1) a sum certain per ton;
(2) a percentage certain of the gross sale price F.O.B. at the mine site of the coal and lignite; or
(3) a sum certain for each acre-foot of coal and lignite mined and removed from the premises.
(c) Royalties under a coal and lignite lease may be paid as advanced mineral royalties.
Status: in_force · Read it on the official government site
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