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New Mexico Statutes Chapter 70. Oil and Gas § 70-2-34. Regulation, conservation and prevention of waste of carbon dioxide, helium and other non-hydrocarbon gases

Current as of January 01, 2024 | Updated by Findlaw Staff

A. The oil conservation division shall adopt and administer rules on the conservation, the production and the prevention of waste of carbon dioxide, helium and other non-hydrocarbon gases in the same manner as it regulates, conserves and prevents waste of natural or hydrocarbon gas. Where applicable, the provisions of the Oil and Gas Act relating to gas or natural gas shall also apply to carbon dioxide, helium and other non-hydrocarbon gases.

B. The commission shall have concurrent jurisdiction and authority with the oil conservation division to the extent necessary for the commission to perform its duties as required by law.

C. As used in this section:

(1) “carbon dioxide” means a noncombustible gas composed chiefly of carbon dioxide occurring naturally in underground rocks;

(2) “helium” means a gas composed of the elemental gas helium and found in underground rocks, often along with other gases; and

(3) “other non-hydrocarbon gases” means noncombustible gases found in underground rocks, often along with other gases.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 70. Oil and Gas § 70-2-34. Regulation, conservation and prevention of waste of carbon dioxide, helium and other non-hydrocarbon gases - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-70-oil-and-gas/nm-st-sect-70-2-34/

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