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Section 70-7-1 - Purpose of act. - The legislature finds and determines that it is desirable and...
Section 70-7-2 - Short title. - This act [70-7-1 to 70-7-21 NMSA 1978] may be cited...
Section 70-7-3 - Additional powers and duties of the oil conservation division. - Subject to the limitations of the Statutory Unitization Act, the...
Section 70-7-4 - Definitions. - For the purposes of the Statutory Unitization Act, unless the...
Section 70-7-5 - Requisites of application for unitization. - Any working interest owner may file an application with the...
Section 70-7-6 - Matters to be found by the division precedent to issuance of unitization order. - A. After an application for unitization has been filed with...
Section 70-7-7 - Division orders. - The order providing for unitization and unit operation of a...
Section 70-7-8 - Ratification or approval of plan by owners. - A. No order of the division providing for unit operations...
Section 70-7-9 - Amendment of plan of unitization. - An order providing for unit operations may be amended by...
Section 70-7-10 - Previously established units. - The division, by order, may provide for the unit operation...
Section 70-7-11 - Unit operations of less than an entire pool. - An order may provide for unit operation on less than...
Section 70-7-12 - Operation; expressed or implied covenants. - All operations, including but not limited to, the commencement, drilling...
Section 70-7-13 - Income from unitized substances. - The portion of the unit production allocated to any tract,...
Section 70-7-14 - Lien for costs. - Subject to such reasonable limitations as may be set out...
Section 70-7-15 - Liability for expenses. - The obligation or liability of each working interest owner in...
Section 70-7-16 - Division orders. - A. No division order or other contract relating to the...
Section 70-7-17 - Property rights. - Except to the extent that the parties affected so agree,...
Section 70-7-18 - Existing rights, rights in unleased land and royalties and lease burdens. - Property rights, leases, contracts and other rights or obligations shall...
Section 70-7-19 - Agreements not violative of laws governing monopolies or restraint of trade. - No agreement between or among lessees or other owners of...
Section 70-7-20 - Evidence of unit to be recorded. - A copy of each unit agreement shall be recorded in...
Section 70-7-21 - Unlawful operation. - From and after the date designated by the division that...