New Mexico Statutes
Chapter 7 - Taxation
Article 29B - Natural Gas and Crude Oil Production Incentives

Section 7-29B-1 - Short title. - Sections 1 through 6 [7-29B-1 to 7-29B-6 NMSA 1978] of...

Section 7-29B-2 - Definitions. - As used in the Natural Gas and Crude Oil Production...

Section 7-29B-3 - Approval of production restoration projects, well workover projects and stripper well properties. - A. A natural gas or oil well shall be approved...

Section 7-29B-4 - Application procedures; certification of approval; rules; administration. - A. The operator of a proposed production restoration project or...

Section 7-29B-5 - Notice to secretary of taxation and revenue. - The division shall notify immediately the secretary of taxation and...

Section 7-29B-6 - Qualification for production restoration incentive tax exemption and well workover and stripper well property incentive tax rate; secretary of taxation and revenue approval; refund. - A. The person responsible for paying the oil and gas...