(a) An abeyance of plugging report filed under Section 89.023(a)(3)(B) is valid for a period of not more than five years.
(b) An abeyance of plugging report may cover more than one well in a field but may not cover more than one field.
(c) An abeyance of plugging report may not be transferred to a new operator of an existing inactive well. A new operator of an existing inactive well must file a new abeyance of plugging report or otherwise comply with the requirements of this subchapter on or before the deadline provided by Section 89.022(b). This subsection does not prohibit the transfer of an abeyance of plugging report in the event of a change of name of an operator.
(d) An operator who files an abeyance of plugging report must pay an annual fee of $100 for each well covered by the report. A fee collected under this section shall be deposited in the oil and gas regulation and cleanup fund.
Official text of the Texas Natural Resources Code as published by the Texas Legislative Council.