The Wise Report
The Railroad Commission of Texas (Commission) proposes amendments to §3.53, relating to Annual Well Tests and Well Status Reports Required. The amendments would adjust the testing requirements for oil wells to minimize the frequency of such tests, thereby reducing the administrative burden for those wells and associated costs to industry. The Commission also proposes amendments to §3.52, relating to Oil Well Allowable Production, to reflect the changes in §3.53. Requirements for oil well production capability testing are found in both §3.52 and §3.53, as well as §3.51, relating to Oil Potential Well Test Forms Required. The current version of [...]