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New Mexico Administrative Code

Part 100

Relating to Oil and Gas Leases

State of New Mexico

1Issuing Agency 2Scope 3Statutory Authority 4Duration 5Effective Date 6Objective 7Definitions 8Products Included 9Classification into Districts 10Lands Subject to Lease 11Restricted Districts - Leasing 12Unrestricted Districts 13Term and Form of Leases 14Annual Rental - Primary and Secondary Term 15Minimum Charge 16Limitation of Acreage 17Different Rental Districts - Highest Rental Prevailing 18ReservedRepealed 19Clear-list of Lands from United States Essential Before Issuance of Lease 20Limitation to Not More Than Two Persons or Legal Entities - Trust Limitations - Waivers 21Lease Within 25 Miles Square - Right of Commissioner 22Limitation to Not More Than One Beneficiary Institution 23Surety to Protect Surface Purchaser and Lessee - Waivers 24ReservedRepealed 25Competitive Bidding on All Lands Within Restricted Districts 26Notice of Sale 27Acceptance of Bids 28Where No Sealed Bids Received 29Application under Oath - Fees 30Tie Bids 31Right to Reject Any and All Bids - Withholding from Leasing 32Transfer and Assignment of Oil and Gas Leases 33Joint Tenants 34Resident Decedent 35Foreign Decedent 36Co-operative Agreements 37ReservedRepealed 38Lease Continued by Production in Paying Quantities 39Assignments to Be in Triplicate - Acknowledgment Required 40Assignments to Be Recorded in the Land Office 41Restrictions 42Approval and Filing Withheld 43Effect of Commissioner's Approval - Miscellaneous Instruments 44ReservedRepealed 45Transfer of Rights by Corporate Entities - by Purchase 46Transfer of Rights by Corporate Entities - by Consolidation 47Transfer of Rights by Corporate Entities - by Merger 48Transfer of Rights by Corporate Entities - by Reorganization 49Notice of Pendency of Suit Fees - Effect on the Ability to Assign Lease 50Cancellation for Default 51Co-operative and Unit Agreements 52Forced Pooling - oil conservation division order 53Commingling and Off-lease Storage of Oil and Gas on State Trust Lands 54Acreage Taken for Military Purposes - Waiver of Development Requirements 55Stipulation to Current Lease Provisions 56Continuation of Lease After Expiration of Term 57Calculating and Remitting Oil and Gas Royalties 58Ocd Reports 59Waiver of Development in Potash or Other Mineral Areas 60Water Wells 61Salt Water Disposal 62Royalty Purchase - Preference Right 63Reservation of Right to Purchase Production 64Appeals from Decision of the Commissioner 65ReservedRepealed 66Surface Operations on State Oil and Gas Leases 67Surface Reclamation on State Oil and Gas Leases 68Amendment of Lease to Lower Royalty Rate for Oil Wells under Certain Conditions 69Payment of State Royalties 70Reporting and Royalty Rendition Forms 71Temporary Shut-in of Oil Wells Due to Severe Reduction in the Price of OilRepealed 72ReservedRepealed 73ReservedRepealed 74ReservedRepealed 75ReservedRepealed 76ReservedRepealed 77ReservedRepealed 78ReservedRepealed