Oklahoma's gross production tax falls on oil, gas, and mineral output, and the Tax Commission can require a producer to post a bond (form BT-158) guaranteeing the tax. The Commission sets the amount; we issue it at a flat 3% with no credit check — enter the figure on your notice and the premium updates.
















No underwriting queue for the standard producer bond — enter your amount, pay, and file with the Tax Commission. Here is the whole thing:
Your business details, the bond amount the Tax Commission set, and the effective date — that is the entire application.
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
Submit the executed bond on form BT-158 to the Oklahoma Tax Commission for your gross production tax account. Wet-ink originals mailed whenever the Commission insists.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure on your Tax Commission notice and the premium updates.
Oklahoma levies a gross production tax on the value of oil, gas, asphalt, ores, and royalty interests produced in the state, under 68 O.S. §1001 et seq. The tax is administered by the Oklahoma Tax Commission, and a producer — the party that extracts the product — is responsible for reporting and remitting the tax due.
The Tax Commission can require a producer to file a surety bond on form BT-158, guaranteeing that the producer pays all gross production tax, penalties, and interest due the state and complies with the Commission's rules. The amount due, if a claim arises, is ascertained by the Commission.
It is not insurance for you — if the surety pays the tax, you repay the surety. The Commission can also reduce a required bond by certain one-time tax payments. Whatever amount the Commission sets, we issue it at a flat 3% with no credit check.
Submit the application with the bond amount the Tax Commission set — the executed BT-158 bond is generated instantly, ready to file.
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 amount the Commission set and file the same day.