N.M. Stat. § 19-10-56

Current through 2024, ch. 69

Section 19-10-56 - Reports and remittance of state royalty; rules and regulations prescribed by commissioner

Any person obligated to pay royalties pursuant to a producing oil and gas lease issued by the commissioner shall make reports and remittance of state oil and gas royalty through the oil and natural gas administration and revenue database system pursuant to rules and regulations of the commissioner.

NMS § 19-10-56

1953 Comp., § 7-11-50, enacted by Laws 1959, ch. 51, § 1; 1977, ch. 249, § 14; 1994, ch. 102, § 2.