Current through Register Vol. 35, No. 24, December 23, 2024
A.
Prior to commencing operations, an operator of a well or wells in New Mexico
shall register with the division as an operator. Applicants shall provide the
following to the financial assurance administrator in the division's Santa Fe
office:
(1) an oil and gas registration
identification (OGRID) number obtained from the division, the state land office
or the taxation and revenue department;
(2) a current address of record to be used
for notice and a current emergency contact name and telephone number for each
district in which the operator operates wells; and
(3) the financial assurance 19.15.8 NMAC
requires.
B. The
division may deny registration as an operator if:
(1) the applicant is not in compliance with
Subsection A of
19.15.5.9 NMAC;
(2) an officer, director, partner in the
applicant or person with an interest in the applicant exceeding 25 percent, is
or was within the past five years an officer, director, partner or person with
an interest exceeding 25 percent in another entity that is not currently in
compliance with Subsection A of
19.15.5.9 NMAC;
(3) the applicant is or was within the past
five years an officer, director, partner or person with an interest exceeding
25 percent in another entity that is not currently in compliance with
Subsection A of
19.15.5.9 NMAC;
(4) the applicant is a corporation or limited
liability company and is not registered with the public regulation commission
to do business in New Mexico; or
(5) the applicant is a limited partnership
and is not registered with the New Mexico secretary of state to do business in
New Mexico.
C. An
operator shall inform the division of its current address of record and
emergency contact names and telephone numbers by submitting changes in writing
to the division's financial assurance administrator in the division's Santa Fe
office within 30 days of the change.
D. The division may require an operator or
applicant to identify its current and past officers, directors and partners and
its current and past ownership interest in other operators.
