Common Contracts
2 similar Communitization Agreement contracts
OG-CO2Communitization Agreement • April 26th, 2013
WHEREAS, the Commissioner of Public Lands of the State of New Mexico is authorized by the Legislature, as set forth in Sec. 19-10-53, New Mexico Statutes, Annotated, 1978 Laws, in the interest of conservation of helium and carbon dioxide and the prevention of waste, to consent to and approve the development or operation of State lands under agreements made by lessees of oil and gas leases thereon, jointly or severally with other oil and gas lessees of State lands, or oil and gas lessees or mineral owners of privately owned or fee lands, for the purpose of pooling or communitizing such lands to form a proration unit or portion thereof, or well-spacing unit, pursuant to any order, rule or regulation of the New Mexico Oil Conservation Division of the New Mexico Energy and Minerals Department where such agreement provides for the allocation of the production of helium and carbon dioxide from such pools or communitized area on an acreage or other basis found by the Commissioner to be fair a
COMMUNITIZATION AGREEMENTCommunitization Agreement • April 26th, 2013
WHEREAS, the Commissioner of Public Lands of the State of New Mexico is authorized by the Legislature, as set forth in Sec. 19-10-53, New Mexico Statutes, Annotated, 1978 Laws, in the interest of conservation of helium and carbon dioxide and the prevention of waste, to consent to and approve the development or operation of State lands under agreements made by lessees of oil and gas leases thereon, jointly or severally with other oil and gas lessees of State lands, or oil and gas lessees or mineral owners of privately owned or fee lands, for the purpose of pooling or communitizing such lands to form a proration unit or portion thereof, or well-spacing unit, pursuant to any order, rule or regulation of the New Mexico Oil Conservation Division of the New Mexico Energy and Minerals Department where such agreement provides for the allocation of the production of helium and carbon dioxide from such pools or communitized area on an acreage or other basis found by the Commissioner to be fair a
