Nearburg v. Yates Petroleum Corp.
New Mexico Court of Appeals
1Opinion of the Court
OPINION
WECHSLER, Judge.
1. The opinion filed in this case on April 17, 1997 is hereby withdrawn and the following substituted therefor. Yates Petroleum Corporation’s motion for rehearing is denied.
2. Operating agreements are commonly used in the oil and gas industry in New Mexico and other producing states to set forth the arrangement between interest owners as to exploration and development of jointly owned interests. See generally Gary B. Conine, Property Provisions of the Operating Agreement — Interpretation, Validity, and Enforceability, 19 Tex.Teeh L.Rev. 1263, 1265 n. 3 (1988)…
2Cases cited25 opinions
- Mark V, Inc. v. MellekasNew Mexico Supreme Court · 1993
- Continental Potash, Inc. v. Freeport-McMoran, Inc.New Mexico Supreme Court · 1993
- Smith v. PRICE'S CREAMERIES, DIV., ETC.New Mexico Supreme Court · 1982
- Bill G. Isler v. Texas Oil & Gas CorporationCourt of Appeals for the Tenth Circuit · 1984
- Hamilton v. Texas Oil & Gas Corp.Court of Appeals of Texas · 1982
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- State Ex Rel. King v. B&B Investment Group, Inc.New Mexico Supreme Court · 2014
- Hunt v. Central Consolidated School DistrictDistrict Court, D. New Mexico · 2013
- United Properties Ltd. v. Walgreen Properties, Inc.New Mexico Court of Appeals · 2003
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