NMSA 19-10-61. [Sale or exchange of royalty gas taken in kind.] — United States — New Mexico law | Esheria

NMSA 19-10-61. [Sale or exchange of royalty gas taken in kind.]

The commissioner of public lands may negotiate and make agreements to sell or exchange royalty gas taken in kind, but not for less than the current net consideration, and may use the lessee’s facilities if reasonable compensation is paid.

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Jurisdiction
United States — New Mexico
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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royalty gas sale or exchange agreements

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