New Mexico's State Land Office allows a lessee, at its option, to use a single $25,000 bond or other surety in lieu of separate surface improvement damage and performance bonds, to secure surface improvement damage and the lessee's performance under one or more state leases or permits for minerals, oil and gas, coal, or geothermal resources, or as holder under one or more state rights of way or easements executed with the Commissioner of Public Lands. Confirm the current blanket amount and form with the State Land Office.

What the megabond actually secures

You need this bond if you're

Your surface damage megabond application is in review — most clear within 1–2 business days, and an underwriter reaches out within 48 hours if anything else is needed. Watch your inbox.

New Mexico's surface improvement damage megabond costs $1,250 flat — a $25,000 blanket bond covering all State Land Office leases. Apply now. Issued instantly.

Surface Improvement Damage Megabond ($25,000)

New Mexico - Surface Improvement Damage Megabond ($25,000)

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Clear pricing.Instant issuance.