There is created the "oil and gas reclamation fund". In addition to other sources, money in the fund may consist of donations. All funds in the oil and gas reclamation fund are appropriated to the energy, minerals and natural resources department for use by the oil conservation division in carrying out the provisions of the Oil and Gas Act.
History: 1953 Comp., § 65-3-37, enacted by Laws 1977, ch. 237, § 4; 1978, ch. 117, § 2; 1987, ch. 234, § 64; 1989, ch. 324, § 33; 2010, ch. 98, § 3.
The 2010 amendment, effective May 10, 2010, added the second sentence.
The 1989 amendment, effective April 7, 1989, deleted "and the earnings therefrom" following "gas reclamation fund" in the second sentence.
The 1987 amendment, effective July 1, 1987, substituted "energy, minerals and natural resources" for "energy and minerals" and made a minor language change.
Structure New Mexico Statutes
Article 2 - Oil Conservation Commission; Division;
Section 70-2-2 - [Waste prohibited.]
Section 70-2-3 - Waste; definitions.
Section 70-2-5 - Oil conservation division; director; state petroleum engineer.
Section 70-2-6 - Commission's and division's powers and duties.
Section 70-2-8 - Subpoena power; immunity of natural persons required to testify.
Section 70-2-10 - Perjury; punishment.
Section 70-2-11 - Power of commission and division to prevent waste and protect correlative rights.
Section 70-2-12 - Enumeration of powers.
Section 70-2-12.1 - Disposition of produced water; no permit required.
Section 70-2-12.2 - Adoption of rules; appeals.
Section 70-2-14 - Requirement for financial assurance.
Section 70-2-16 - Allocation of allowable production in field or pool.
Section 70-2-17 - Equitable allocation of allowable production; pooling; spacing.
Section 70-2-18 - Spacing or proration unit with divided mineral ownership.
Section 70-2-19 - Common purchasers; discrimination in purchasing prohibited.
Section 70-2-21 - Purchase, sale or handling of excess oil, natural gas or products prohibited.
Section 70-2-23 - Hearings on rules, regulations and orders; notice; emergency rules.
Section 70-2-25 - Rehearings; appeals.
Section 70-2-26 - Review of oil conservation commission decision; appeals.
Section 70-2-27 - Temporary restraining order or injuction [injunction]; grounds; hearing; bond.
Section 70-2-28 - Actions for violations.
Section 70-2-29 - Actions for damages; institution of actions for injunctions by private parties.
Section 70-2-30 - [Violation of court order grounds for appointment of receiver.]
Section 70-2-31 - Violations of the Oil and Gas Act; penalties.
Section 70-2-31.1 - Reporting requirement.
Section 70-2-32 - Seizure and sale of illegal oil or gas or products; procedure.
Section 70-2-33 - Definitions.
Section 70-2-35 - Legal representation before the federal energy regulatory commission.
Section 70-2-36 - Removing or altering marks of identification; penalty.
Section 70-2-37 - Oil and gas reclamation fund created; disposition of fund.