The division, by order, may provide for the unit operation of a pool or parts thereof that embrace a unit area established by a previous order of the division. Such order, in providing for the allocation of unit production, shall first treat the unit area previously established as a single tract, and the portion of the unit production allocated thereto shall then be allocated among the separately owned tracts included in such previously established unit area in the same proportions as those specified in the previous order.
History: 1953 Comp., § 65-14-10, enacted by Laws 1975, ch. 293, § 10; 1977, ch. 255, § 116.
Structure New Mexico Statutes
Article 7 - Statutory Unitization Act
Section 70-7-1 - Purpose of act.
Section 70-7-3 - Additional powers and duties of the oil conservation division.
Section 70-7-5 - Requisites of application for unitization.
Section 70-7-6 - Matters to be found by the division precedent to issuance of unitization order.
Section 70-7-7 - Division orders.
Section 70-7-8 - Ratification or approval of plan by owners.
Section 70-7-9 - Amendment of plan of unitization.
Section 70-7-10 - Previously established units.
Section 70-7-11 - Unit operations of less than an entire pool.
Section 70-7-12 - Operation; expressed or implied covenants.
Section 70-7-13 - Income from unitized substances.
Section 70-7-14 - Lien for costs.
Section 70-7-15 - Liability for expenses.
Section 70-7-16 - Division orders.
Section 70-7-17 - Property rights.
Section 70-7-18 - Existing rights, rights in unleased land and royalties and lease burdens.
Section 70-7-19 - Agreements not violative of laws governing monopolies or restraint of trade.