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New Mexico recycling containment bonds.
From $125.

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. Pricing starts from $125 — enter the amount the OCD approved on your permit and your exact price appears at the application.

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Required for an oilfield recycling facility or containment under 19.15.34 NMAC
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Amount is the estimated cost to close the facility as the OCD determines on your permit
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From $125 — enter your required bond amount and see your exact price at the application
From $1254% of the bond amount plus a $25 fee, $125 minimumSoft pullnever affects your scoreInstantissued the moment you pay
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps. One sitting.

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

TODAY · ONLINE

Apply online

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

RIGHT AWAY

Approved

Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

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.

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, with pricing starting from $125; 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

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

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 →
FAQ

Common questions.

How much is the recycling facility bond?Pricing is 4% of the bond amount plus a $25 fee, with a $125 minimum. The amount itself is the OCD’s estimate of the cost to close the facility, set on your permit. Enter that figure and your exact price appears at the application.
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?A quick soft credit check may apply — it never affects your score and is never a hard inquiry. It informs approval, not price.
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.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other New Mexico bonds.

Recycling assurance, filed fast.

Pricing from $125. Enter the closure amount and file with the OCD.

Your premiumfrom $125
Apply now →