NM recycling containment bonds.
Flat 3%. Enter your amount.

New Mexico’s Oil Conservation Division requires financial assurance for a produced-water or oilfield recycling facility or containment under 19.15.34 NMAC, sized to the cost of closing the site. We issue it at a flat 3% — enter the amount the OCD approved on your permit.

Required for an oilfield recycling facility or containment under 19.15.34 NMAC
Amount is the estimated cost to close the facility as the OCD determines on your permit
Flat 3%, soft pull only — enter your required bond amount and the premium updates
Flat 3%of your bond amount$275minimum premiumSoft pullnever affects your score
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

Enter your closure amount, consent to a soft pull, pay, and file with the OCD. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

Operator details, the bond amount the OCD set, and the effective date — plus a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most clear quickly; if underwriting needs anything you hear within 48 hours. The credit check is a soft pull that never affects your score.

SAME / NEXT DAY

File with the OCD

Pay online and receive the executed financial assurance, payable to EMNRD’s Oil Conservation Division for your facility. Wet-ink originals mailed on request.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the closure amount the OCD set and the premium updates.

$10,000 bond
$300
$25,000 bond
$750
$50,000 bond
$1,500
About this bond

What it is and who needs it.

What the recycling bond actually covers

New Mexico’s Oil Conservation Division (OCD) permits facilities that recycle or contain oilfield fluids — produced water and similar — and conditions those permits on financial assurance under 19.15.34 NMAC. The assurance stands behind the operator’s obligation to close the facility properly.

The amount is the OCD’s estimate of the cost to close the recycling facility or containment: removing fluids and residue, remediating the site, and restoring it under the rule. It is payable to EMNRD’s Oil Conservation Division and forfeitable if the operator fails to close the site as required.

It is not insurance for you — if the OCD draws on the assurance to close your facility, you remain liable to repay the surety. We issue the amount the division approved on your permit at a flat 3%; confirm that figure on your OCD permit, since closure-cost estimates are facility-specific.

19.15.34 NMAC (recycling containments)Under 19.15.34 NMAC, an operator of an oilfield recycling facility or containment must provide financial assurance, payable to EMNRD’s Oil Conservation Division, conditioned on proper closure of the facility. The amount reflects the estimated cost to close and remediate the site as the OCD determines. Confirm the required amount and form on your OCD permit.

You need this bond if you are

Permitting a recycling facility for produced water or other oilfield fluids
Operating a containment the OCD requires financial assurance for
Expanding a facility so the OCD has raised your closure-cost estimate
Replacing an expiring bond on an existing OCD recycling permit

Five minutes, then a quick review.

Submit the application with your closure amount and a one-time soft-pull consent — most clear within 1–2 business days, ready to file with the OCD.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the recycling facility bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is the OCD’s estimate of the cost to close the facility, set on your permit. Enter that figure and the quote updates.
Who requires it? +
The New Mexico Oil Conservation Division (OCD), under 19.15.34 NMAC, as a condition of permitting a recycling facility or containment.
How is the amount determined? +
It reflects the estimated cost to close and remediate the site — the OCD sets it facility-by-facility on the permit. It is not a flat statutory figure, so use the amount on your permit.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price. The rate is a flat 3% either way.
What does forfeiture mean here? +
If you fail to close the facility as the permit requires, the OCD can forfeit the assurance and use it to close the site. You remain liable to repay the surety if that happens.
Related bonds

Other New York bonds.

Recycling assurance, filed fast.

Five-minute application, flat 3%, $275 minimum. Enter the closure amount and file with the OCD.

Your premium @ 3%$750
Apply now →