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New Mexico Stipulation and Assignment of Undivided Interest in Leases

State:
Multi-State
Control #:
US-OG-272
Format:
Word; 
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This form is used when a question has arisen as to the exact interest in the Leases acquired and owned by each of the Parties. The Parties to this Stipulation and Assignment desire to establish for the record and stipulate among themselves each of their respective interests in the Leases acquired by them in the Assignment.

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FAQ

New Mexico is the fifth-biggest state in the United States, covering an area of 121,598 square miles (78 million acres). Wildlife species to be found on land for sale in New Mexico include mule deer, elk, turkey, bear, dove, and quail.

A valid hunting, fishing, or trapping license allows for access onto state trust land through the State Land Office's easement agreement with the New Mexico Department of Game and Fish.

A person or business that produces oil and gas must obtain an Oil and Gas Reporting Identification Number (OGRID). This is different from a Business Tax Identification Number. For information about obtaining an OGRID, please contact our Oil and Gas Bureau at (505) 827-0812. Who must register a business? newmexico.gov ? businesses ? who-must... newmexico.gov ? businesses ? who-must...

The Agricultural Leasing Bureau manages over 3,500 leases on state trust land with 600-900 leases requiring renewals annually. The Bureau issues leases for livestock grazing and cropland production on 8.9 million acres. Agricultural Leasing | NM State Land Office nmstatelands.org ? surface-resources ? agric... nmstatelands.org ? surface-resources ? agric...

The lands are held in trust by the New Mexico State Land Office ? about 94 percent of the earnings from these productive lands go to support education.

Dispersed camping is generally allowed on public lands in New Mexico for no more than a period of 14 days within any period of 28 consecutive days. The 14-day limit may be reached either through a number of separate visits or through 14 days of continuous overnight occupation during the 28-day period.

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This form is used when a question has arisen as to the exact interest in the Leases acquired and owned by each of the Parties. The Parties to this ... No reservations, percentages or depth restrictions are permissible in a record title assignment. Please complete the mailing address of the assignee, as lease ...A stipulation is an amendment of the terms of an older oil and gas lease to the current lease terms. Upon the Commissioner's approval, the lease assignment ... ownership is stipulated herein; b) A like undivided interest in or to all improvements, easements, surface leases, permits, rights-of-way, licenses ... A co-owner must not lease an undivided interest in a property without the consent of the other co-owners. In addition, a lease contract must be entered into ... 19 Oct 2013 — The commissioner shall have the right to refuse approval of any assignment not executed in proper form or by the proper person or persons, or ... Our editor is super easy to use and effective. Try it out now! be ready to get more. Complete this form in 5 minutes or less. 19 Jul 2014 — Provided, however, than no assignment of an undivided interest in the lease or in any part thereof nor any assignment of less than a legal ... — This section expressly prohibits the commissioner of public lands from recognizing or approving any assignment of any portion of the lease of an undivided ... by JS Lowe · Cited by 65 — An assignment of interest in a lease under a farmout agreement may cover all substances covered by the lease. A farmout that is not specifically limited.

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New Mexico Stipulation and Assignment of Undivided Interest in Leases