N.M. Admin. Code § 19.15.7.30 - PURCHASER'S NOMINATION FORMS (Form C-121 and Form C-121-A)
A. Unless the
director requests otherwise, a person expecting to purchase oil from producing
wells in New Mexico during the second and third succeeding two months shall
file form C-121 with the division's Santa Fe office not later than the 20th day
of each odd-numbered month. As an example, nominations submitted by the 20th
day of July shall indicate the amount of oil the purchaser desires to purchase
daily during September and October.
B. The person shall file form C-121-A with
the division's Santa Fe office by the first day of the month during which the
division will consider at the gas allowable hearing the nominations for the
purchase of gas from producing wells in New Mexico during the succeeding month.
As an example, purchaser's nominations to take gas from a pool during the month
of August would be considered by the division at a hearing during July, and
should be submitted to the Santa Fe office of the division by July 1.
C. In addition to the monthly gas
nominations, the purchaser shall file 12-month nominations in accordance with
the appropriate special pool orders.
Notes
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