N.M. Admin. Code § 19.15.7.45 - APPLICATION FOR WELL WORKOVER PROJECT (C-140)

A. An operator shall use the division's web-based online application to apply for the well workover tax incentive.

B. An operator shall enter a user identification number and password that it has obtained from the division and select the well for which the operator is requesting the well workover tax incentive. The operator shall enter the date that it commenced the well workover and the date it completed the well workover. The operator shall attach a description of the workover procedure it performed to increase production and a production curve or data tabulation showing at least 12 months of production prior to the well workover and at least three months of production following the well workover to reflect a positive production increase.

Notes

N.M. Admin. Code § 19.15.7.45

Amended and Renumbered from 19.15.7.44 by New Mexico Register, Volume XXXII, Issue 10, May 25, 2021, eff. 5/25/2021