Section 19-10-19 – [Withholding lands from lease authorized.]
Nothing contained in this act [19-10-1, 19-10-12 to 19-10-25 NMSA 1978] shall be construed as requiring the commissioner to offer any tract or tracts of land for lease but the commissioner shall have power to withhold any tract or tracts from leasing for oil and gas purposes if in his opinion the best interests of […]
Section 19-10-20 – [Cancellation of lease for nonpayment or nonperformance of requirements by lessee; notice.]
The commissioner is hereby authorized to cancel any lease issued as provided herein for nonpayment of rentals or nonperformance by the lessee of any provision or requirement of the lease; provided, however, that before any such cancellation shall be made the commissioner must mail to the lessee or assignee by registered letter, addressed to the […]
Section 19-10-21 – [Rules and regulations; amendment; rescission; effective date.]
The commissioner is hereby authorized and required to prescribe and publish for the information of the public, all rules and regulations necessary for carrying out the provisions of this act [19-10-1, 19-10-12 to 19-10-25 NMSA 1978], and he may amend or rescind any rule or regulation promulgated by him under the authority contained herein; provided, […]
Section 19-10-22 – [Validation of existing leases; contest of claims; relinquishment for conversion; terms of new lease; fees.]
All oil and gas leases issued by the commissioner of public lands prior to the effective date of this amendment which have not expired, or which have not been legally canceled for nonperformance by the lessee or assignee, are hereby declared to be valid and existing contracts with the state of New Mexico according to […]
Section 19-10-7 – Exploratory form of lease; different term of years.
A. When issuing an oil and gas lease on the exploratory lease form, if the conditions of the tract subject to the lease are such that a different term of years for the lease is warranted, the commissioner in his discretion may issue the lease for a primary term of five years with no secondary […]
Section 19-10-8 – [Extension of terms of leases.]
In all cases where public lands under the jurisdiction of the commissioner of public lands are under lease for oil and gas and are concurrently leased for other minerals, and exploration or development operations under the oil and gas lease are incompatible with the exploration or mining operations under the mining lease and will result […]
Section 19-10-9 – [Existing leases; stipulation to bring helium gas within terms.]
Any owner of an oil and gas lease heretofore issued by the commissioner of public lands and maintained in good standing according to the terms and conditions thereof and all applicable statutes and regulations may, in accordance with regulations prescribed by the commissioner of public lands, enter into a stipulation bringing helium gas within the […]
Section 19-10-10 – Repealed.
ANNOTATIONS Repeals. — Laws 1985, ch. 195, § 9, repealed 19-10-10 NMSA 1978, as enacted by Laws 1945, ch. 111, § 2, relating to amending existing leases, effective June 14, 1985. For stipulation of existing leases, see 19-10-5 NMSA 1978.
Section 19-10-11 – [Statement with royalty payment; inspection of books; state’s lien for unpaid royalty; log; specimen of drill cuttings.]
The lessee shall be required to submit to the commissioner of public lands with each and every royalty payment, a correct statement showing the amount of oil or gas produced and saved since the last report and the market value thereof, except oil and gas used in developing and operating said lease. All books and […]
Section 19-10-12 – [New lease or extension where no discovery made; preference right; conditions.]
The legal owners of all leases issued by the commissioner of public lands prior to the effective date of this amendment, containing provision, or provisions, for preference right to a new lease, or extension of the term thereof upon the expiration of the initial five-year term, and where valuable discoveries of the oil and gas […]