N.M. Admin. Code § 19.2.100.8 - PRODUCTS INCLUDED

The commissioner is authorized to execute and issue oil and gas leases covering state common school and institutional trust lands as lessor in the name of the state of New Mexico. The form of basic lease is statutory and includes carbon dioxide. All leases issued after June 9, 1963, include helium. Leases issued on or before June 9, 1963, do not include helium gas unless stipulated as provided in 19.2.100.55 NMAC. All forms are provided by the land office.

Notes

N.M. Admin. Code § 19.2.100.8

19.2.100.8 NMAC - Rn, SLO Rule 1, Section 1.001, 12/13/2002, Adopted by New Mexico Register, Volume XXVII, Issue 12, June 30, 2016, eff. 6/30/2016