VALUE OF LIQUID HYDROCARBONS OTHER THAN CONDENSATE.

Tex. TAX Code § 201.105.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The taxable value of liquid hydrocarbons other than condensate is the producer's total gross receipts for all liquid hydrocarbons, including condensate, recovered from gas produced by him less the taxable value of the condensate recovered from that gas.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements