Statutory Unitization Act | Midpage

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New Mexico Statutes Annotated 1978

7

Statutory Unitization Act

State of New Mexico

70-7-1Purpose of act 70-7-2Short title 70-7-3Additional powers and duties of the oil conservation division 70-7-4Definitions 70-7-5Requisites of application for unitization 70-7-6Matters to be found by the division precedent to issuance of unitization order 70-7-7Division orders 70-7-8Ratification or approval of plan by owners 70-7-9Amendment of plan of unitization 70-7-10Previously established units 70-7-11Unit operations of less than an entire pool 70-7-12Operation; expressed or implied covenants 70-7-13Income from unitized substances 70-7-14Lien for costs 70-7-15Liability for expenses 70-7-16Division orders 70-7-17Property rights 70-7-18Existing rights, rights in unleased land and royalties and lease burdens 70-7-19Agreements not violative of laws governing monopolies or restraint of trade 70-7-20Evidence of unit to be recorded 70-7-21Unlawful operation