New Mexico surface waste facility bonds.
From $125.
A surface waste management facility — where oilfield waste is treated, stored, or disposed — must post closure and post-closure financial assurance with New Mexico’s Oil Conservation Division under 19.15.36 NMAC. Pricing starts from $125 — enter the amount the OCD set on your permit and your exact price appears at the application.
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How much does a New Mexico surface waste facility bond cost?
4% of the bond amount plus a $25 fee, from $125. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
Enter your closure amount, consent to a soft pull, pay, and file with the OCD. Here is the whole thing:
Apply online
Operator details, the bond amount the OCD set, and the effective date — plus a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
File with the OCD
Pay online and receive the executed financial assurance, payable to EMNRD’s Oil Conservation Division and conditioned on proper closure. Wet-ink originals mailed on request.
What it is and who needs it.
What the surface waste bond actually covers
New Mexico’s Oil Conservation Division (OCD) permits surface waste management facilities — sites that treat, store, or dispose of oilfield waste — under 19.15.36 NMAC, and conditions the permit on financial assurance for closing the site.
The assurance is payable to EMNRD’s Oil Conservation Division and conditioned on the facility’s proper operation, site closure, and post-closure care. The amount reflects the OCD’s estimate of those costs. Before forfeiting the assurance, the division must give the operator 20 days’ notice and an opportunity for a hearing; it releases the assurance after the post-closure period once monitoring shows no contamination and re-vegetation succeeds.
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, with pricing starting from $125; confirm that figure, since closure-cost estimates are facility-specific.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the OCD. Pay online and receive the executed financial assurance, payable to EMNRD’s Oil Conservation Division and conditioned on proper closure. Wet-ink originals mailed on request.
What sets the price
The premium is 4% of the bond amount plus a $25 fee, $125 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, then a quick review.
Submit the application with your closure amount and a one-time soft-pull consent — issued when you pay, ready to file with the OCD.
Start the application →Common questions.
Other New Mexico bonds.
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Surface waste assurance, filed fast.
Pricing from $125. Enter the closure amount and file with the OCD.