N.M. Stat. § 48-9-7
Enforcement; actions and costs; cumulative remedies.
A. The purchase money security interest and lien granted to an interest owner
under the provisions of the Oil and Gas Products Lien Act shall follow the product
unpaid for or the proceeds of the product if such product has been sold by the first
purchaser and the purchase money security interest and lien shall expire one year after
the date of the filing of the notice of lien unless proper action to enforce the lien is
commenced within a one-year period in the district court of the county in which the
production unit, or any part thereof, is located, or wherever the product unpaid for or the
proceeds of product sold may be found. Any number of persons claiming purchase
money security interests and liens with respect to the products from the same
production unit may join in the same action and where separate actions are
commenced, the court may consolidate them. The court shall allow as part of the costs
of the action any monies paid for filing and recording instruments under the provisions
of Subsection A of Section 48-9-5 NMSA 1978 and reasonable attorneys' fees for the
prevailing party in the trial and appellate courts. If an action is commenced after the
filing of an instrument as provided in Subsection A of Section 48-9-5 NMSA 1978, said
instrument shall be considered as a lien upon all product [products] unpaid for and all
accounts receivable of or debts due the first purchaser from subsequent purchasers for
payment of the price of the products, state royalty payments and the taxes measured by
the value of the product, and the purchase money security interest and lien of the
claimant may be enforced against such property of the first purchaser in the manner
provided by law.
B. Nothing in the Oil and Gas Products Lien Act shall be construed to impair or
affect the right of any person to whom any debt may be due for the purchase price of
product, state royalty or taxes to maintain a personal action to recover the debt against
the person liable for payment thereof.
C. Nothing in the Oil and Gas Products Lien Act shall be construed to impair or
affect the rights and remedies of any person under the provisions of the Uniform
Commercial Code [Chapter 55 NMSA 1978] and the provisions of the Oil and Gas
Products Lien Act shall be deemed cumulative to and not a limitation on or a
substitution for any rights or remedies otherwise provided by law to a creditor against
his debtor. The claimant of a purchase money security interest and lien granted under
the terms of the Oil and Gas Products [Lien] Act may utilize the remedies of replevin,
attachment and garnishment.
D. Nothing contained in the Oil and Gas Products Lien Act shall alter or restrict any
other remedies in favor of the state of New Mexico, including the cancellation of state oil
and gas leases for nonpayment of oil or gas in kind sold by the state or nonpayment of
state royalty money due and unpaid, and the provision [provisions] of this act shall be
deemed cumulative to and not an amendment to, a limitation on or a substitution for any
rights or remedies provided by Section 19-10-11 NMSA 1978.