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New Mexico Assignment for Nonproducing Lease on Part of Lands Subject to Lease

State:
Multi-State
Control #:
US-OG-276
Format:
Word; 
Rich Text
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Description

This form is used when Assignor assigns, sells, and conveys to Assignee, all of Assignor's rights, title, and interests, being no less than a stated undivided working interest and net revenue interest, in the Oil and Gas Lease.

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FAQ

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.

The New Mexico Oil Conservation Division Who regulates the oil and gas exploration and production industry in New Mexico? Drilling and production on New Mexico State Trust Lands and on private lands is regulated by the New Mexico Oil Conservation Division. FAQ: Oil & Gas - New Mexico Bureau of Geology & Mineral Resources nmt.edu ? faq ? energy ? petroleum nmt.edu ? faq ? energy ? petroleum

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...

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.

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.

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... complete the paperwork for each and every assignment? ... Additionally, a copy of the signed assignment must be submitted for each lease listed on the exhibit. Approval of an assignment does not guarantee that a lease is in good standing with the New Mexico State. Land Office. Attach additional sheets if necessary.19.2.7.9 LANDS SUBJECT TO LEASE: Application to lease will be considered only for such lands as may be shown to be open upon the tract books of the New Mexico ... School will use its best efforts to acquire the Subject Property from County with funds obtained from grant assistance from the New Mexico. Public Schools ... complete the Decommissioning Plan submitted as part of the Project Plans. This estimate must be performed by a qualified independent engineer licensed in ... BASIC OIL AND GAS FORMS PROGRAM · Assignment (Nonproducing Lease on Part of Lands Subject to Lease) · Assignment of After Payout Interest · Assignment of Oil and ... Examples of cases where a suspension should not normally be granted are: 1. Applications for Permit to Drill APD's submitted incomplete or untimely less than 30 ... An agreement that brings together parcels of land to satisfy drilling limitations imposed by formal State spacing orders or established field spacing rules. A ... The Bureau of Land Management (BLM) is required to create and maintain the operating right ownership record for oil and gas and geothermal lease case files. ❖Partial assignments segregate the lease into two separate leases. ❖The segregated portion of the lease creates a new lease and is assigned a new lease number ...

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New Mexico Assignment for Nonproducing Lease on Part of Lands Subject to Lease