New Mexico § 71-9A-2 Definitions

New Mexico Statutes

§ 71-9A-2 — Definitions

New Mexico § 71-9A-2

Ch. 71Energy and Minerals

Art. 9AWell Repurposing

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Bluebook

N.M. Stat. Ann. § 71-9A-2 (2026).

Text

As used in the Well Repurposing Act: A. "energy storage" means the ability to capture energy sources at one time for use at a later time; B. "geothermal energy development" means the development of geothermal resources; and C. "geothermal resources" means the natural heat of the earth in excess of two hundred fifty degrees Fahrenheit, or the energy, in whatever form, below the surface of the earth present in, resulting from, created by or that may be extracted from this natural heat in excess of two hundred fifty degrees Fahrenheit, and all minerals in solution or other products obtained from naturally heated fluids, brines, associated gases and steam, in whatever form, found below the surface of the earth, but excluding oil, hydrocarbon gas and other hydrocarbon substances and excluding t

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As used in the Well Repurposing Act: A. "energy storage" means the ability to capture energy sources at one time for use at a later time; B. "geothermal energy development" means the development of geothermal resources; and C. "geothermal resources" means the natural heat of the earth in excess of two hundred fifty degrees Fahrenheit, or the energy, in whatever form, below the surface of the earth present in, resulting from, created by or that may be extracted from this natural heat in excess of two hundred fifty degrees Fahrenheit, and all minerals in solution or other products obtained from naturally heated fluids, brines, associated gases and steam, in whatever form, found below the surface of the earth, but excluding oil, hydrocarbon gas and other hydrocarbon substances and excluding the heating and cooling capacity of the earth not resulting from the natural heat of the earth in excess of two hundred fifty degrees Fahrenheit, as may be used for the heating and cooling of buildings through an on-site geo-exchange heat pump or similar on-site system.