N.M. Admin. Code § 19.2.2.56
Current through Register Vol. 35, No. 23, December 10, 2024
The lessee shall pay the correct amount of royalty to NMSLO on the twentieth day of the month following the month of use, sale or other disposal of minerals. On the same day, the lessee shall submit to NMSLO a production and royalty statement, accounting for the production and royalty for the previous calendar month. Such statements shall be prepared upon forms prescribed and furnished by the commissioner and in accordance with instructions accompanying the forms.
N.M. Admin. Code § 19.2.2.56