Property Ownership
In New Mexico, oil and gas mineral rights can be severed from the surface estate, meaning:
AThe surface owner always owns the minerals beneath
BMineral rights and surface rights can be owned by different parties✓ Correct
COil companies automatically own all mineral rights
DThe state of New Mexico owns all subsurface minerals
Explanation
New Mexico allows severance of mineral estates from the surface estate. The mineral owner and surface owner can be different people, which is common in New Mexico's oil and gas regions.
Related New Mexico Property Ownership Questions
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