Docket Room.
HM 56·NM·house

STUDY TRANSFERING OWNERSHIP OF ORPHANED WELLS

FailedFiled Feb 9, 2026
Sponsor: Lara, Raymundo
Latest Action

Action Postponed Indefinitely (session adjourned sine die)

Feb 19, 2026

Summary

The memorial asks the Oil Conservation Division of the Energy, Minerals and Natural Resources Department to examine how orphaned wells could be transferred to interested third‑party companies for use in energy storage or hydrocarbon recovery. It directs the agency to estimate required investments, potential profits, and any legal or regulatory changes needed, and to report the findings by November 1, 2026. The aim is to reduce the state’s financial liability for plugging these wells.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Share

Track this bill

Get an email when HM 56 moves: committee action, floor votes, amendments and hearings. Free, no card.

Track HM 56 free

Or ask your AI assistant about HM 56 directly:

Add to Claude, ChatGPT or Cursor
Docket Room · Nonpartisan legislative tracking
Docket Room IntelligencePro

Ask about your legislation

I can analyze your tracked bills, upcoming hearings, and recent changes.

AI-generated · Nonpartisan · Not legal advice