New Mexico Statutes

§ 70-7-16 — Division orders

New Mexico § 70-7-16
JurisdictionNew Mexico
Ch. 70Oil and Gas
Art. 7Statutory Unitization Act

This text of New Mexico § 70-7-16 (Division orders) 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. § 70-7-16 (2026).

Text

A.No division order or other contract relating to the sale or purchase of production from a separately owned tract shall be terminated by the order providing for unit operations, but shall remain in force and apply to oil and gas allocated to such tract until terminated in accordance with the provisions thereof.
B.For purposes of this section, "division order" shall mean a contract of sale to the purchaser of oil and gas.

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Legislative History

1953 Comp., § 65-14-16, enacted by Laws 1975, ch. 293, § 16; 1977, ch. 255,

Nearby Sections

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Bluebook (online)
New Mexico § 70-7-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/70/70-7-16.