NM surface waste facility bonds.
Flat 3%. Enter your amount.
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. We issue it at a flat 3% — enter the amount the OCD set on your permit.
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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:
Apply online
Operator details, the bond amount the OCD set, and the effective date — plus a one-time consent to a soft credit pull.
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.
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.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the closure amount the OCD set and the premium updates.
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 at a flat 3%; confirm that figure, since closure-cost estimates are facility-specific.
You need this bond if you are
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 →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the surface waste management bond? +
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When does the assurance get released? +
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Other New York bonds.
Surface waste assurance, filed fast.
Five-minute application, flat 3%, $275 minimum. Enter the closure amount and file with the OCD.