Applications for the issuance of any lease authorized by this act [19-10-1, 19-10-12 to 19-10-25 NMSA 1978] shall be executed under oath by the applicant or by his agent or attorney duly authorized in writing, or by any officer or attorney in fact of the corporation if the application be made by a corporation. The application shall be accompanied by the amount offered by the applicant as the bonus, if any, and rental for the first year. The form of the application shall be prescribed by the commissioner and all applications shall contain a description of the lands by legal subdivisions upon which the lease is desired, together with such data and information concerning development on and in the vicinity of the lands as may reasonably be required by the commissioner. The commissioner may also require any applicant for a lease to file in the office of the commissioner an appraisement in such form as the commissioner may require, showing the value of the lands for oil and gas purposes, such appraisement to be made under oath by one or more disinterested persons having personal knowledge of the facts set forth in the appraisement. The commissioner shall not be bound by the statements contained in any such application or appraisement. No lease shall be issued without the filing of an application therefor as prescribed herein, and no lease shall be issued for less than the amount offered by the applicant as a bonus, if any, and rental for the first year, and if an appraisement of the land for oil and gas purposes be required as provided herein, then no lease shall issue for less than the value of same as shown by such appraisement.
History: Laws 1929, ch. 125, § 5; C.S. 1929, § 132-405; 1941 Comp., § 8-1107; 1953 Comp., § 7-11-8.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Cross references. — For appraisement of state lands by applicant seeking to lease or purchase same, see 19-7-1 NMSA 1978.
For false swearing in appraisement of state lands, see 19-7-7 NMSA 1978.
Structure 2021 New Mexico Statutes
Article 10 - Lease of Oil and Gas Lands
Section 19-10-1 - [Issuance of leases authorized; lands subject; carbon dioxide leases exempted.]
Section 19-10-2 - Definitions.
Section 19-10-3 - Classification of state lands for oil and gas leasing.
Section 19-10-4 - Authorization to lease; lease provisions.
Section 19-10-4.2 - Discovery form of lease; regular restricted or premium restricted lands.
Section 19-10-4.3 - Development form of lease; premium restricted land.
Section 19-10-5 - Existing leases; stipulation.
Section 19-10-5.1 - Amendment of lease to lower royalty rate for oil wells under certain conditions.
Section 19-10-6 - Shut-in oil wells; conditions.
Section 19-10-7 - Exploratory form of lease; different term of years.
Section 19-10-8 - [Extension of terms of leases.]
Section 19-10-9 - [Existing leases; stipulation to bring helium gas within terms.]
Section 19-10-12 - [New lease or extension where no discovery made; preference right; conditions.]
Section 19-10-13 - [Assignment of leases; procedure; effect.]
Section 19-10-14 - [Application for lease; form; deposit; appraisement.]
Section 19-10-16 - [Restricted districts; method of leasing; added area; notice; rental.]
Section 19-10-18 - No bids made; subsequent lease.
Section 19-10-19 - [Withholding lands from lease authorized.]
Section 19-10-21 - [Rules and regulations; amendment; rescission; effective date.]
Section 19-10-23 - Appeal of commissioner's decision.
Section 19-10-24 - [Contesting claims; jurisdiction of district court; appeal and error.]
Section 19-10-25 - [Proof of commissioner's records.]
Section 19-10-28 - [Lessee to purchase prior improvements on lands; proof of payment.]
Section 19-10-29 - [Removal of certain improvements on cancellation or forfeiture of lease.]
Section 19-10-30 - [Rules and regulations authorized.]
Section 19-10-32 - [Acknowledgments required; commissioner excepted.]
Section 19-10-33 - [Contracts relating to oil and gas rights; filing for record in land office.]
Section 19-10-34 - [System of records; indexing; public inspection.]
Section 19-10-35 - [Tract book system for oil and gas lands.]
Section 19-10-36 - [Rules and regulations; protection of instruments and records.]
Section 19-10-37 - [Filing and recording fees; disposition; expenses payable from maintenance fund.]
Section 19-10-38 - [Repeal and saving clause.]
Section 19-10-42 - [Distribution of suspense funds after litigation is completed.]
Section 19-10-43 - [Suit by state to determine rights.]
Section 19-10-44 - [Intervention in pending litigation by attorney general.]
Section 19-10-46 - [Cooperative agreements; requisites for approval.]
Section 19-10-47 - [Amendment of leases to conform with cooperative agreements.]
Section 19-10-49 - [Validating act.]
Section 19-10-50 - Oil, gas and mineral leases on state park lands.
Section 19-10-53 - [State participation in pooling and communitization agreements authorized.]
Section 19-10-55 - [Validation of oil and gas leases.]
Section 19-10-57 - Rules; regulations; notice; hearing.
Section 19-10-58 - Rules; regulations; record; filing with supreme court librarian.
Section 19-10-59 - Reporting and rendition forms to be adopted by rule or regulation.
Section 19-10-61 - [Sale or exchange of royalty gas taken in kind.]
Section 19-10-63 - [Validation of oil and gas leases; 1967 act.]
Section 19-10-64 - [Royalties paid in oil; sale of;] purpose of act.
Section 19-10-65 - Definitions.
Section 19-10-66 - Payment of royalties of the state in oil on demand.
Section 19-10-67 - Sale of state oil royalties; preference; authority of commissioner.
Section 19-10-68 - Application for preference in sale of royalty oil; requirements.
Section 19-10-69 - Grant of preference based upon application.
Section 19-10-70 - Advertising for bids; priority of bidders; award of oil.