The Abatement RegisterHaleAgreement 0003482
Texas Chapter 380 / 381 agreement · Hale

Interseqt, LLC

Agreement 0003482, filed with the Texas Comptroller by Hale County, Texas.

The repayment remedy

What happens if it is not met.

“County may demand repayment from Interseqt of all or any portion of the most recent three grant fund payments made by County to Interseqt prior to the termination of the Agreement.”Executed agreement, p. 8

The remedy here is discretionary — the clause says it may be applied, not that it must be.

Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.

Abatement schedule · ad valorem taxes · p. 5

What was abated, and for how long.

901/2022
902/2023
803/2024
804/2025
705/2026
706/2027
607/2028
608/2029
509/2030
5010/2031

A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyHale County, TexasAMENDMENT TO ECONOMIC DEVELOPMENT GRANT AGREEMENT PREVIOUSLY ENTERED BETWEEN HALE COUNTY, TEXAS,1
Contracting entityInterseqt, LLCAND INTERSEQT, LLC, ON MARCH 23 AND 31, 20201
Parent / guarantorOccidental Petroleum Corporation and White Energy, Inc.Interseqt, LLC(“Interseqt”), a joint venture formed by Occidental Petroleum Corporation and White Energy, Inc.3
InstrumentEconomic Development GrantAMENDMENT TO ECONOMIC DEVELOPMENT GRANT AGREEMENT1
Governing chapterChapter 312, Tax Code, and Chapter 381, Local Government Code‘In order to apply for and to receive a grant under these guidelines and criteria, a recipient must be eligible to apply for and to receive a tax abatement under the Guidelines and Criteria established by the County for the granting of tax abatements under Chapter 312 of the Texas Tax Code (“Chapter 312").—
Capital investmentNot stated in the agreement—
Grant or incentiveNot stated in the agreement—
Jobs committedNot stated in the agreement—
Wage requirementNot stated in the agreement—
Square footageNot stated in the agreement—
AcreageNot stated in the agreement—
Performance deadlineNot stated in the agreement—
ExpirationDecember 31, 2034beginning on the effective date and continuing for a period of 10 years (“the term”), unless terminated as provided below.4
Effective dateJanuary 1, 2025This Agreement takes effect as of January 1, 2025 (“the effective date”)1
SignatoryAnthony J. CottoneAnthony J. Cottone, Vice President Oxy Carbon Solutions, LLC2
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
How to check this page

Every line above is in the contract.

Agreement 0003482 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.

Where the contract says nothing, the field is left empty rather than filled with a guess.

One of 1,645

Which of these are on your book?

This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.

Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.

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