Section 19-10A-1 – Short title.
This act [19-10A-1 to 19-10A-7 NMSA 1978] may be cited as the “State Carbon Dioxide Act.” History: Laws 1981, ch. 108, § 1.
Section 19-10A-2 – Carbon dioxide taken in kind.
The purpose of the State Carbon Dioxide Act [19-10A-1 to 19-10A-7 NMSA 1978] is to assist New Mexico industries, specifically including but not limited to producers of crude oil in obtaining carbon dioxide for enhanced recovery of oil and to assist New Mexico refineries in obtaining a supply of refinery charge stocks for the operation […]
Section 19-10A-3 – Definitions.
As used in the State Carbon Dioxide Act [19-10A-1 to 19-10A-7 NMSA 1978]: A. “gas or carbon dioxide” means carbon dioxide whether in a gaseous or liquid form; B. “producer” means a person producing crude oil in New Mexico who: (1) is a participant in a carbon dioxide project for enhanced recovery of crude oil […]
Section 19-10A-4 – Sale of state royalty carbon dioxide and carbon dioxide upon which commissioner has call.
The commissioner of public lands may offer from time to time, for such period as he may determine, by competitive bidding, upon notice and advertisement on sealed bids, a portion or all of the state carbon dioxide. The advertisement and sale shall reserve to the commissioner of public lands the right to reject all bids […]
Section 19-10A-5 – Application for preference producer or refiner.
A. A producer who wants to qualify for a preference shall submit an application to the oil conservation division. This application shall contain: (1) the name and address of the producer; (2) the location of the project for which the producer seeks the state carbon dioxide; (3) a description, including ownership, of all lands which […]
Section 19-10A-6 – Grant of preference based upon application.
The oil conservation division shall examine each application for certification as a preference producer or refiner. If the oil conservation division finds that the applicant is a bona fide refiner or producer and has satisfied the requirements of the preceding sections of the State Carbon Dioxide Act [19-10A-1 to 19-10A-7 NMSA 1978]; that the enhanced […]
Section 19-10A-7 – Advertising for bids; priority of bidders; award of carbon dioxide.
A. Where the commissioner of public lands elects to offer state carbon dioxide for sale, the carbon dioxide will be advertised for sale in designated newspapers or periodicals of general circulation in the state in accordance with regulations to be promulgated by the commissioner. The notice will set the day and hour on which sealed […]