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1 Document(s) [ Subject: Surety and fidelity bonds ]

Committee: House Energy Resources
Title: Interim Report
Library Catalog Title: Interim report of the Committee on Energy Resources, Texas House of Representatives, 68th Legislature.
Subjects: Abandoned oil wells | Austin, Texas | Electricity supplies | Mining | Municipally-owned utilities | Natural gas industry | Natural gas leases | Oil industry | Oil leases | State land | Surety and fidelity bonds | Texas State Capitol | Theft |
Library Call Number: L1836.67 en27
Session: 67th R.S. (1981)
Online version: View report [84 pages  File size: 2,526 kb]
Charges: This report should address the charges below.
1. Study the rising epidemic of oil field theft in Texas in cooperation with producers, operators, haulers, the Texas Railroad Commission, the Texas Department of Public Safety and local law enforcement agencies to determine better methods for prevention and investigation of thefts as well as apprehension and prosecution of suspected oil field thieves. Make recommendations to the 68th Legislature.
2. Examine Proposition Number 7 as adopted by the Austin City Council to determine its impact on the cost of electric service provided to the State Capitol Complex. Particular emphasis should be given to 1)comparing the rates charged by Austin Electric Utility Department to those of other electric utilities supplying large-volume users in the Central Texas area; and 2) investigating all other potential sources of supply. Recommendations are to be made based on an examination of the proposition, the cost comparison data and an evaluation of alternative procedures.
3. Study the procedure for leasing of hard rock minerals in terms of monetary value for the principals involved.
4. Examine the requirements for the posting of performance bonds on oil and gas wells.

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