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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.
An assignment of oil and gas lease is a contractual agreement between a landowner and an oil or gas company in which the company gains the right to explore for, develop, and produce oil and gas from the property.
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.
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.
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.