Snyder Ranches, Inc. v. Oxy USA Inc.

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW MEXICO ____________________ SNYDER RANCHES, INC., Plaintiff, v. No. 2:23-CV-00636-MLG-GBW OXY USA INC., Defendant. MEMORANDUM OPINION AND ORDER DENYING DEFENDANT’S MOTION TO DISMISS Plaintiff Snyder Ranches, Inc. (“Snyder”) owns three natural gas wells in Eddy County, New Mexico, which Defendant Oxy USA Inc. (“Oxy”) operates. Doc. 35 at 1-4 ¶¶ 2-4, ¶¶ 12-14. As the operator, Oxy has a statutory obligation under the New Mexico Oil and Gas Proceeds Payment Act (“NMPPA” or “the Act”), NMSA 1978, §§ 70-10-1 to 70-10-6, to pay Snyder the…