Consolidation Of State Oil And Gas Leases Form - 2016
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1
2New Mexico State Land Office
Oil, Gas, and Minerals Division
ONLINE VERSION
CONSOLIDATION OF STATE OIL AND GAS LEASES
Revised
___________________________________________________, Lessee, record title owner of State Oil and Gas Leases
numbered_________________________________________________________________, requests approval of lease
consolidation affecting: Subdivisions_________________________________________________________________
Sect______, T ______, R ______, NMPM ___________________________County NM to establish a _________acre
proration unit in the ______________________________________________________________________________
formation.
Lessee submits a plat, Exhibit A, showing the subject area, leases involved and the requested
consolidation. This plat also delineates the proration unit and locates and designates the completed well and
consolidated horizon.
Lessee states that the State of New Mexico, for the assigned beneficiaries, owns the royalty interest
under these leases and agrees that the state, at its own election, is entitled to delivery in-kind of its share of
all communitized substances produced from the leased area.
Approval is requested pursuant to authority granted by applicable statutes. Approval will promote
conservation and is in the best interest of the State.
This consolidation, if approved by the Commissioner of Public Lands, shall be effective
_____________________
, and shall continue in effect for __________ days and as long thereafter as
(date)
communitized substances are produced from the consolidated area in paying quantities; provided, that this
agreement shall not expire if there is a well capable of producing gas in paying quantities located upon some
part of the consolidated area, if such well is shut-in due to the inability of the operator to obtain a pipeline
connection or to market the gas therefrom, and if either:
(a) a shut-in royalty has been timely and properly paid pursuant to the provision of one of the State
of New Mexico oil and gas leases covering lands subject to this agreement so as to prevent the expiration of
such lease; or
(b) each of the State of New Mexico oil and gas leases covering lands subject to this agreement is in
its primary term (if a five-year lease), or is in its primary or secondary term (if a ten-year lease), or is held by
production from another well.
Provided further, however, that prior to production in paying quantities from the consolidated area,
and upon fulfillment of all requirements of the Commissioner of Public Lands with respect to any dry hole
or abandoned well drilled upon the consolidated area, this Consolidation may be terminated at any time by
the Lessee. This consolidation shall not terminate upon cessation of production of communitized
substances if, within sixty (60) days thereafter, reworking or drilling operations on the consolidated area are
commenced and are thereafter conducted and prosecuted with reasonable diligence. Intention to commence
such operations shall be filed with the Commissioner within thirty (30) days after the cessation of such
production, and a report of the status of such operations shall be made by the Operator to the Commissioner
every thirty (30) days, and the cessation of such operations for more than twenty (20) consecutive days shall
ONLINE version
1
May 2016
Consolidation of leases
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