N.M. Admin. Code § 19.2.2.69

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

Section 19.2.2.69 - RESERVATIONS

All rights not expressly granted under the mineral lease are reserved to the commissioner. Notwithstanding the issuance of a mineral lease, the commissioner specifically reserves the right to:

A. lease the premises for grazing, agricultural or commercial purposes;

B. lease the premises for oil and gas exploration and extraction;

C. lease the premises for the development of geothermal resources;

D. sell the premises subject to the mineral lease, reserving all minerals of whatsoever kind to the state of New Mexico; and

E. issue rights of way and easements over, upon or across trust surface estate for any purpose, including but not limited to, public highways, railroads, tramways, telegraph, telephone and power lines, pipelines, irrigation works, mining, logging and for exploration and development of geothermal resources.

N.M. Admin. Code § 19.2.2.69

19.2.2.69 NMAC - N, 3/14/2001