New Mexico Mineral Rights Management
New Mexico has emerged as one of America's premier oil and gas producing states, driven by explosive growth in the Permian Basin's Delaware sub-basin. With production rivaling Texas in key areas, New Mexico mineral owners require sophisticated management to maximize returns while navigating complex federal, state, and tribal land regulations. Valor provides comprehensive mineral management services tailored to New Mexico's unique regulatory landscape.
Southeastern New Mexico's Delaware Basin represents the most active drilling region in the state. Counties including Lea, Eddy, and Chaves have seen unprecedented development targeting the Wolfcamp, Bone Spring, and other formations. The Delaware Basin's New Mexico acreage rivals West Texas for production potential.
Northwestern New Mexico's San Juan Basin is one of the largest natural gas producing regions in the United States. The basin spans Rio Arriba, San Juan, and Sandoval counties, with significant coal bed methane and conventional gas production. Mineral owners in this region benefit from Valor's expertise in gas-focused revenue optimization.
The Raton Basin in northeastern New Mexico contains natural gas reserves, particularly coal bed methane. While less active than the Permian or San Juan basins, mineral owners with Raton Basin interests require specialized management for this unique geological environment.
New Mexico has a complex land ownership pattern that affects mineral rights management:
Valor helps mineral owners navigate this complexity, ensuring compliance across all jurisdictions while maximizing royalty revenue.
The New Mexico Oil Conservation Division (OCD) regulates oil and gas operations in the state. Valor helps mineral owners monitor operator compliance including:
Expert navigation of federal, state, and tribal regulatory requirements.
Comprehensive tracking and verification of royalty payments from New Mexico operators.
Expert review of New Mexico oil and gas leases including federal lease terms.
Comprehensive ownership verification through New Mexico county and federal records.
New Mexico mineral rights are regulated by the Oil Conservation Division (OCD) of the Energy, Minerals and Natural Resources Department. The OCD oversees well permitting, production reporting, and environmental compliance. State lands are managed by the New Mexico State Land Office.
New Mexico contains significant portions of the Permian Basin (Delaware Basin) in the southeast, making it one of the most active drilling regions in the United States. The San Juan Basin in the northwest is a major natural gas producing region, and the Raton Basin in the northeast also contains natural gas reserves.
New Mexico has significant federal land holdings managed by the Bureau of Land Management (BLM). Federal mineral leases have specific requirements for royalty payments, typically 12.5% to 18.75%, and are subject to federal regulations in addition to state requirements. Valor helps mineral owners navigate both federal and state compliance.
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