New Mexico Affidavit of Nondevelopment and Nonproduction No Production of Operations Since Specified Time

• Category: Oil Gas and Minerals - Affidavits
• State: Multi-State
• Control #: US-OG-011
• Format: Word; Rich Text

Description

An affidavit is statement of facts which is sworn to (or affirmed) before an officer who has authority to administer an oath (e.g. a notary public). If evidence is needed that there has been no production or operations on a lease, this Affidavit provides those facts. The New Mexico Affidavit of Nondevelopment and Nonproduction (No Production of Operations Since Specified Time) is a legal document that is commonly used to provide a sworn statement declaring the absence of any productive operations in relation to a specified time period. This affidavit is particularly relevant in the context of oil and gas operations, mining, and other extractive industries. Keywords: New Mexico, Affidavit of Nondevelopment and Nonproduction, no production of operations, specified time, legal document, sworn statement, absence of productive operations, oil and gas, mining, extractive industries. Types of New Mexico Affidavit of Nondevelopment and Nonproduction: 1. Affidavit of Nondevelopment: This type of affidavit is used when no significant development activities have taken place on a property within the specified timeframe. It declares that no improvements or advancements have occurred, especially in relation to resource extraction operations. 2. Affidavit of Nonproduction: This type of affidavit pertains specifically to the absence of any productive operations on a property during a defined period. It confirms that no extraction, processing, or other active operations have been conducted within the stated timeframe. 3. Affidavit of Nondevelopment and Nonproduction: This combined affidavit covers both the absence of development activities and productive operations. It states that neither advancements nor any form of production have taken place on the specified property during the designated period. Each type of affidavit listed above serves as a legal tool to clarify the status of a property and its lack of development or productive operations. These affidavits are often required by regulatory authorities, landowners, or potential investors to verify compliance or determine the eligibility for certain benefits or exemptions. It is important to consult with legal professionals familiar with New Mexico regulations and specific industry requirements to ensure the accuracy and validity of the information provided in these affidavits.

The New Mexico Affidavit of Nondevelopment and Nonproduction (No Production of Operations Since Specified Time) is a legal document that is commonly used to provide a sworn statement declaring the absence of any productive operations in relation to a specified time period. This affidavit is particularly relevant in the context of oil and gas operations, mining, and other extractive industries. Keywords: New Mexico, Affidavit of Nondevelopment and Nonproduction, no production of operations, specified time, legal document, sworn statement, absence of productive operations, oil and gas, mining, extractive industries. Types of New Mexico Affidavit of Nondevelopment and Nonproduction: 1. Affidavit of Nondevelopment: This type of affidavit is used when no significant development activities have taken place on a property within the specified timeframe. It declares that no improvements or advancements have occurred, especially in relation to resource extraction operations. 2. Affidavit of Nonproduction: This type of affidavit pertains specifically to the absence of any productive operations on a property during a defined period. It confirms that no extraction, processing, or other active operations have been conducted within the stated timeframe. 3. Affidavit of Nondevelopment and Nonproduction: This combined affidavit covers both the absence of development activities and productive operations. It states that neither advancements nor any form of production have taken place on the specified property during the designated period. Each type of affidavit listed above serves as a legal tool to clarify the status of a property and its lack of development or productive operations. These affidavits are often required by regulatory authorities, landowners, or potential investors to verify compliance or determine the eligibility for certain benefits or exemptions. It is important to consult with legal professionals familiar with New Mexico regulations and specific industry requirements to ensure the accuracy and validity of the information provided in these affidavits.