70-7-5: Requisites of application for unitization.
Where this section sits in the code
- Chapter 70 - Oil and Gas
- ARTICLE 7 Statutory Unitization Act
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.
Collected 2026-09-03T15:02:20Z. Source file · JSON