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.
















Enter your closure amount, consent to a soft pull, pay, and file with the OCD. Here is the whole thing:
Operator details, the bond amount the OCD set, and the effective date — plus a one-time consent to a soft credit pull.
Most clear quickly; if underwriting needs anything you hear within 48 hours. The credit check is a soft pull that never affects your score.
Pay online and receive the executed financial assurance, payable to EMNRD’s Oil Conservation Division for your facility. Wet-ink originals mailed on request.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the closure amount the OCD set and the premium updates.
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.
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 →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum. Enter the closure amount and file with the OCD.