State of Texas – Fiscal Management

Manual of Accounts

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Revenue Object 3387 – Texas Experimental Research and Recovery Activity (TERRA) License Fees

Repealed

This revenue object is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated objects may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

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Revenue Type: Cash — Natural Resources
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Revised Date: 2014-02-28

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September 1, 1995 by H.B. 2731, 74th Leg., R.S. under TEX. NAT. RES. CODE ANN. sec 93.033. To acquire and hold an inventory of mechanically sound and non-polluting wellbores for use in gathering data, performing tests, developing/ testing enhanced or advanced recovery techniques. A person must have a license before using a wellbore as provided. A non-refundable administrative fee equal to lessor of $50 for each wellbore or $500 for each tract must be submitted with each application. Collected by Railroad Commission and deposited to abolished GR Account 5014 - Texas Experimental Research and Recovery Activity. Repealed by S.B. 310, 77th Leg., R.S.


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