New Mexico Administrative Code
Title 19 - NATURAL RESOURCES AND WILDLIFE
Chapter 15 - OIL AND GAS
Part 13 - COMPULSORY POOLING
Section 19.15.13.13 - DETERMINATION OF REASONABLE COSTS
Universal Citation: 19 NM Admin Code 19.15.13.13
Current through Register Vol. 35, No. 18, September 24, 2024
The provision of the applicable compulsory pooling order regarding reporting of actual well costs to the division and to pooled working interest owners, opportunity for objections to those costs, determinations of reasonableness of well costs and adjustment of the amount paid to a participating pooled working interest owner to reflect reasonable well costs shall apply to a well drilled pursuant to 19.15.13.10 NMAC or 19.15.13.11 NMAC.
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