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Form WH 2 Rrc State Tx

Form WH 2 Rrc State Tx

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The 86th Texas Legislature adopted Senate Bill 533, which allows a severance tax exemption for oil and gas produced from qualified inactive wells. It allows a a five-year exemption for hydrocarbons produced from an RRC designated two-year inactive well. What Oil and Gas wells qualify? An oil or gas well qualifies for a tax exemption if it - Has been inactive for 24 months, with no more than one month of production; - Is not part of an enhanced oil recovery project; and, - Is not a drilled or uncompleted well with no record of hydrocarbon production. Effective September 1, 2019, the Railroad Commission of Texas will process and certify the submitted application for bringing certain inactive wells back on schedule. Operators may search using the RRC’s RRC’s Inactive Well Aging Report Query located on the RRC website under Online Search Queries. How to apply for a Two-Year Inactive Wellbore Certification To apply for Inactive Wellbore Certification (IWC) users must upload a W10/G10 or

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