The Railroad Commission of Texas will be closed Wednesday, Nov. 22 through Friday, Nov. 24 in observance of Thanksgiving. The RRC will reopen for regular business Monday morning, Nov. 27. We wish everyone a safe and happy holiday.
The acquiring operator will have 6 months from the date of Form P-4 approval to bring any inactive wells into compliance with 16 Texas Administrative Code §3.15. The operator may comply by plugging the well, returning the well to active operation, or by applying for and being granted a plugging extension on the well. Important: Until the acquiring operator has brought the well into compliance with 16 TAC §3.15, the Commission may not approve any further transfers of the inactive well to a subsequent operator.
Following the expiration of the 6-month period after transfer, if any transferred well remains out of compliance with 16 TAC §3.15, the Commission may, after notice and opportunity for hearing, revoke the operator’s Organization Report.