§ 70-7-5 — Requisites of application for unitization

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.

Legislative History

1953 Comp., § 65-14-5, enacted by Laws 1975, ch. 293, § 5; 1977, ch. 255, §