N.M. Admin. Code § 19.15.20.8

Current through Register Vol. 35, No. 23, December 10, 2024

Section 19.15.20.8 - REGULATION OF OIL POOLS

A. To prevent waste, the division shall prorate and distribute the allowable production among the producers in a pool upon a reasonable basis and recognizing correlative rights.

B. After notice and hearing, the division, in order to prevent waste and protect correlative rights, may enter special orders pertaining to a pool.

N.M. Admin. Code § 19.15.20.8

19.15.20.8 NMAC - Rp, 19.15.7.501 NMAC, 12/1/08