This act [70-7-1 to 70-7-21 NMSA 1978] may be cited as the "Statutory Unitization Act."
History: 1953 Comp., § 65-14-2, enacted by Laws 1975, ch. 293, § 2.
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.