New Mexico Permit Agreement for Surface

State:
Multi-State
Control #:
US-OG-686
Format:
Word; 
Rich Text
Instant download

Description

This is an agreement where the Owner represents and warrants present ownership of an undivided possessory surface interest in and to the described lands. Owner grants to Operator the right, for a term, to conduct any and all operations undertaken in connection with the exploration for oil, gas and/or other minerals on, across, and/or through the described Lands.

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FAQ

Article 16 of the New Mexico Constitution provides that the water of every natural stream, perennial or torrential, not appropriated prior to statehood belongs to the public and is subject to appropriation for beneficial use. A water right is actually a right to ?beneficially use? water, not a right to own water.

Recent prices for water rights have ranged as high as $35,000 to $45,000 per right to consume an acre-foot each year in the Santa Fe area to $9,000 to $35,000 in the Middle Rio Grande to $2,400 in the Roswell Artesian Basin.

Anyone wanting to use water in New Mexico must have a permit from the State Engineer that can be obtained by contacting your local District Office.

SOPA creates an obligation to pay damages where oil and gas operations result in any loss of: land value; agricultural production or income; use; access; or improvements.

NMWRRS provides on-line access to OSE water right files including electronic images of water right documents and downloadable well reports, driller license reports, point of diversion reports and subdivision reports. The system also provides a UTM conversion tool.

Before you have a well drilled, you must first obtain a permit to drill from the Office of the State Engineer. If the source of groundwater is unclear, you may first acquire an exploratory permit. If that well produces water, you can then obtain the permit to use the water.

A water use may be leased for forty years by municipalities, counties, state universities, special water users' associations, public utilities supplying water to municipalities or counties and member-owned community water systems as lessee and shall be entitled to the protection of the forty-year water use planning ...

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New Mexico Permit Agreement for Surface