N.M. Stat. § 70-7-17
Property rights.
Except to the extent that the parties affected so agree, no order providing for unit
operations shall be construed to result in a transfer of all or any part of the title of any
person to the oil and gas rights in any tract in the unit area. All property, whether real or
personal, that may be acquired in the conduct of unit operations hereunder shall be
acquired for the account of the working interest owners within the unit area, and shall be
the property of such working interest owners in the proportion that the costs of unit
operations are charged.