N.M. Stat. § 70-2-27
Temporary restraining order or injuction [injunction];
grounds; hearing; bond.
A. No temporary restraining order or injunction of any kind shall be granted against
the commission or the members thereof, or against the attorney general, or against any
agent, employee or representative of the division, restraining the commission, or any of
its members, or the division or any of its agents, employees or representatives, or the
attorney general, from enforcing any statute of this state relating to conservation of oil or
gas, or any of the provisions of this act, or any rule, regulation or order made
thereunder, except after due notice to the director of the division, and to all other
defendants, and after a hearing at which it shall be clearly shown to the court that the
act done or threatened is without sanction of law, or that the provision of this act, or the
rule, regulation or order complained of, is invalid, and that, if enforced against the
complaining party, will cause an irreparable injury. With respect to an order to [or]
decree granting temporary injunctive relief, the nature and extent of the probable
invalidity of the state, or of any provision of this act, or of any rule, regulation or order
thereunder involved in such suit, must be recited in the order or decree granting the
temporary relief, as well as a clear statement of the probable damage relied upon by the
court as justifying temporary injunctive relief.
B. No temporary injunction of any kind, including a temporary restraining order
against the commission or the members thereof, or the division or its agents, employees
or representatives, or the attorney general, shall become effective until the plaintiff shall
execute a bond to the state with sufficient surety in an amount to be fixed by the court
reasonably sufficient to indemnify all persons who may suffer damage by reason of the
violation pendente lite by the complaining party of the statute or the provisions of this
act or of any rule, regulation or order complained of. Any person so suffering damage
may bring suit thereon before the expiration of six months after the statute, provision,
rule, regulation or order complained of shall be finally held to be valid, in whole or in
part, or such suit against the commission, or the members thereof, or the division, shall
be finally dismissed. Such bond shall be approved by the judge of the court in which the
suit is pending, and shall be for the use and benefit of all persons who may suffer
damage by reason of the violation pendente lite of the statute, provision, rule, regulation
or order complained of in such suit, and who may bring suit within the time prescribed
by this section; and such bond shall be so conditioned. From time to time, on motion
and with notice to the parties, the court may increase or decrease the amount of the
bond and may require new or additional sureties, as the facts may warrant.