MARKET VALUE.

Tex. TAX Code § 202.053.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The market value of oil is the actual market value plus any bonus, premium, or other thing of value paid for the oil or that the oil will reasonably bring if lawfully produced.
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