New Mexico § 19-8-30 Area of lease

New Mexico Statutes

§ 19-8-30 — Area of lease

New Mexico § 19-8-30

Ch. 19Public Lands

Art. 8Lease of Mineral Lands

This text of New Mexico § 19-8-30 (Area of lease) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 19-8-30 (2026).

Text

Leases issued under the provisions of this act [19-8-14 to 19-8-18, 19-8-21 to 19-8- 33 NMSA 1978] shall cover a specified area conforming to a legal subdivision or subdivisions and shall not exceed sixteen (16) subdivisions, being 640 [six hundred and forty acres] more or less, all of which shall be contiguous; provided, however, that leases issued in exchange for existing permits as provided by Section Four [19-8-17 NMSA 1978] of this act need not be contiguous if all legal subdivisions be situate and lie within the same township and range.

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Leases issued under the provisions of this act [19-8-14 to 19-8-18, 19-8-21 to 19-8- 33 NMSA 1978] shall cover a specified area conforming to a legal subdivision or subdivisions and shall not exceed sixteen (16) subdivisions, being 640 [six hundred and forty acres] more or less, all of which shall be contiguous; provided, however, that leases issued in exchange for existing permits as provided by Section Four [19-8-17 NMSA 1978] of this act need not be contiguous if all legal subdivisions be situate and lie within the same township and range.