Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by Findlaw Staff
Any working interest owner may file an application with the division requesting an order for the unit operation of a pool or any part thereof. The application shall contain:
A. a description of the proposed unit area and the vertical limits to be included therein with a map or plat thereof attached;
B. a statement that the reservoir or portion thereof involved in the application has been reasonably defined by development;
C. a statement of the type of operations contemplated for the unit area;
D. a copy of a proposed plan of unitization which the applicant considers fair, reasonable and equitable;
E. a copy of a proposed operating plan covering the manner in which the unit will be supervised and managed and costs allocated and paid; and
F. an allegation of the facts required to be found by the division under Section 70-7-6 NMSA 1978.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 70. Oil and Gas § 70-7-5. Requisites of application for unitization - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-70-oil-and-gas/nm-st-sect-70-7-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)