This act [ 70-10-1 to 70-10-3, 70-10-4, 70-10-5 NMSA 1978] may be cited as the "Oil and Gas Proceeds Payment Act".
§ 70-10-1 NMSA 1978
Short title
Known as the Oil and Gas Proceeds Payment Act
The act spans §§ 70–70 (7 sections).
Applied in 4 court decisions — leading case Elliott Industries Limited Partnership v. Bp America Production Company Bp J (2005)
Most recently applied in Abraham v. WPX Production Productions, LLC (August 2016)
Laws 1985, ch. 55, § 1.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.