After determining demand for and volume of production from a prorated reservoir as provided in Section 86.085, the commission shall fix the monthly reservoir allowable of gas to be produced from the reservoir at the lawful market demand for the gas or at the volume that can be produced from the reservoir without waste, whichever is the smaller quantity.
Tex. Nat. Res. Code § 86.086
MONTHLY RESERVOIR ALLOWABLE
Applied in 1 court decision — leading case HECI Exploration Co. v. Clajon Gas Co. (1993)
Most recently applied in HECI Exploration Co. v. Clajon Gas Co. (January 1993)
Acts 1977, 65th Leg., p. 2535, ch. 871, art
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.