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FROM THE MARCH 08 ROAR NEWSLETTER
TEXAS LEGISLATION
2008 TEXAS LEGISLATIVE UPDATE
NEWS & INFORMATION
CALENDAR OF EVENTS
LINKS & RESOURCES
CONVENTION MATERIALS
MINERAL OWNERS MARKETPLACE
GAS MARKET ACCOUNTABILITY PROJECT

From The March 08 ROAR Newsletter
 

From The Texas NARO Report

I hope all of you will mark your calendar and plan to be with us in Irving, Texas at the Sheraton on June 26th, 27th and 28th. Get out that Tortoiseshell Samsonite, gas up the Packard and plan to be here. We are going to put on a show. I want to thank all that have made reservations on just having the dates here in the newsletter, without the formal announcement. I was told the other day we already had 1/3 of the rooms booked. We got you a great rate of $99 a night for the rooms and they even have indoor plumbing at that price.

Schedule

Early Registration

Get Involved - Be a NARO Member.



Welcome to NARO-Texas!
 

Welcome to NARO-TEXAS!

          NARO-Texas is the National Association of Royalty Owners - Texas, Inc. It is a non-profit trade association that represents the interests of owners of minerals and of royalty in Texas. NARO-Texas has members throughout the United States and most of them own mineral and/or royalty interests in the state of Texas. The NARO-Texas Board of Directors has a representative from each Texas Railroad Commission district. NARO-Texas has no paid staff.



Irving Texas Caucus Resolution
 

NARO-Texas Members Ratify Resolutions at Caucus in Irving, TX

The Following Resolutions were Ratified by the Texas Caucus:

      1. Will endorse and actively support, legislative or regulatory efforts to remove the veil of confidentiality from contractual agreements between natural gas producers and transporter/purchasers.

      2. Will endorse and support any legislative or regulatory initiatives that would strengthen oversight of Intrastate natural gas affiliate sales transactions.

      3. Will, because of nationwide concern over the increasing gap between wellhead and end-user prices, commit effort and resources to better inform and educate State government officials, Royalty Owners, Independent Producers and the General Public regarding this critical issue.

          The Texas Natural Resources Code Sections J & L cover the law regarding "Payment for Proceeds of Sale" and "Royalty Reporting Standards" and are the resource for the mineral and royalty owner.  Now you can download them in a PDF format from here:  Sections J & L (Download PDF File)

         The National Association of Division Order Analysts and NARO adopted the NADOA Model Form   Division Order 9/95.  The latest revision of this document with the new tax rate is now available:  NADOA Model Form Division Order (Download PDF File)

          In late 2001 NARO-Texas sat down with the Texas Oil and Gas Association (TxOGA) and the Texas Railroad Commission to produce an informational brochure for producers outlining their responsibilities regarding royalty reporting.  That brochure is now completed and you can download it in a PDF format from here:  Royalty Reporting Requirements in Texas (Download PDF File)



 
CALENDAR
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UPCOMING EVENTS
 
National Convention 9/18/08
NALTA Annual Conference 9/24/08
 
Texas Legislation
 

HB1920 by Keffer

- Pipeline line gas loss

Signed by Governor - effective September 1, 2007

Download PDF File 

 

HB 1495 by Callegari

Property Owner Rights

Signed by Governor - effective February 1, 2008

Download PDF File

 

HB 2006 by Woolley

- Emminent Domain

Vetoed by Governor

Download PDF File 

 

SB 792 by Williams

Trans-Texas Corridor Moratorium -

(originally same as HB 1892)

Signed by Governor - effective immediately with exceptions

Download PDF File 

 

HB 2061 by Keffer

- SS# on documents

Signed by Governor - effective immediately

Download PDF File

 

HB 630 by King

-Surface Owner Notice

Signed by Governor - effective

Sept 1, 2007

Download PDF File 

 

HB 1892 by Wayne Smith

-Trans-Texas Corridor Moratorium

Vetoed by Governor

Download PDF File

 

 


2008 Texas Legislative Update
 

NARO-Texas Legislative Update:

VA Stephens (NARO-Texas Lobbyist) Report

Gas Marketing Court Decision:

Press Release by Commodity Futures Trading Commission

Energy Transfer Partners, L.P., et. al Settlement Order


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