The New Mexico Supreme Court ruled that Intrepid Potash abandoned most of its Pecos River water rights due to decades of non-use, reinforcing the state's "use it or lose it" doctrine. This decision formally adopts an anti-speculation doctrine, invalidating "paper rights" maintained through administrative extensions without actual beneficial use. For more details, visit CaseMine .
State ex rel. Off. of State Eng'r v. Intrepid Potash, Inc. - Justia Law Court rules Intrepid Potash has no water rights...