The oil conservation division shall examine each application for certification as a preference producer or refiner. If the oil conservation division finds that the applicant is a bona fide refiner or producer and has satisfied the requirements of the preceding sections of the State Carbon Dioxide Act [19-10A-1 to 19-10A-7 NMSA 1978]; that the enhanced recovery project for which the carbon dioxide proposed to be used is feasible; and that the applicant qualifies for the purchase of state carbon dioxide, it shall notify the commissioner of public lands in writing that the applicant is eligible to be granted a preference for the purchase of state carbon dioxide.
History: Laws 1981, ch. 108, § 6.
Cross references. — For grant of preference in sale of royalty oil, see 19-10-69 NMSA 1978.
Structure 2021 New Mexico Statutes
Article 10A - Carbon Dioxide Act
Section 19-10A-1 - Short title.
Section 19-10A-2 - Carbon dioxide taken in kind.
Section 19-10A-3 - Definitions.
Section 19-10A-5 - Application for preference producer or refiner.
Section 19-10A-6 - Grant of preference based upon application.
Section 19-10A-7 - Advertising for bids; priority of bidders; award of carbon dioxide.