N.M. Stat. § 71-2-9 (2026)

Every producer shall notify the energy, minerals and natural resources department
of:

   A. the completion of a well capable of producing oil, natural gas or liquid
hydrocarbon individually, or any combination thereof, or geothermal energy in
commercial quantities within five days after completion of the well and not less than five
days before the producer enters into a binding agreement for or otherwise provides for
the disposition of the products or geothermal energy of the well under an agreement or
disposition which covers any period longer than six months; or

   B. his intent to enter into a binding agreement covering the disposition of the
products or geothermal energy of a potential well or series of wells at least five days
before he enters into the agreement.

History: 1953 Comp., § 65-13-14, enacted by Laws 1975, ch. 289, § 19; 1977, ch. 255,
§ 106; 1987, ch. 234, § 69.

                                     ANNOTATIONS

The 1987 amendment, effective July 1, 1987, in the opening clause substituted
"energy, minerals and natural resources" for "energy and minerals"; in Subsection A
deleted "with sufficient detail to allow the department to suggest a manner in which the
products could be used in furtherance of a statewide plan" following "or geothermal
energy in commercial quantities."
71-2-10. Repealed.
                                     ANNOTATIONS

Repeals. — Laws 1987, ch. 234, § 84 repeals 71-2-10 NMSA 1978, as amended by
Laws 1977, ch. 255, § 108, relating to construction of the Energy and Minerals
Department Act, effective July 1, 1987. For present comparable provisions, see 9-5A-1
to 9-5A-7 NMSA 1978.