NM blanket damage bonds.
$600. Five minutes.
A lessee holding more than one state oil & gas lease can post a single $20,000 blanket improvement damage bond with the Commissioner of Public Lands instead of one bond per lease. Ours is $600 flat — 3% of the bond amount, no credit check.
Trusted by industry leaders
Three steps. One sitting.
Surface-damage bonds are simple. Here's the entire process:
Apply online
Lessee details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.
Pay & e-sign
Bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with the State Land Office
Your executed bond arrives by email, ready to file with the Commissioner of Public Lands to cover all your state leases. Wet-ink original mailed on request.
The whole pricing page.
$20,000 bond × 3% = $600, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
New Mexico leases state trust lands for oil & gas through the State Land Office. Before a lessee develops the land, the rules require a bond securing the surface owner against damage to their interests and tangible improvements. A lessee holding more than one lease can satisfy that for all of them with a single $20,000 blanket bond.
It’s a three-party arrangement: you (the principal), the surety carrier, and the Commissioner of Public Lands (the obligee), with surface owners as the protected parties. The blanket bond saves you from filing a separate $10,000 bond on each lease.
It is not insurance for you — if the surety pays a surface-damage claim, you repay the surety. Operators who restore the surface and settle damages directly treat the bond as a filing formality, not a risk.
You need this bond if you're
Five minutes. The whole thing.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the blanket damage bond? +
Do I pay the $20,000? +
Blanket or single-lease? +
Is there a credit check? +
Are the bond amounts changing? +
Other New York bonds.
Cover every lease with one bond.
$600 flat, five-minute application, bond often issued in the same sitting. Free until issued.