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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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Required for a surface waste management facility under 19.15.36 NMAC
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Amount covers closure and post-closure care as the OCD estimates 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 and conditioned on proper closure. Wet-ink originals mailed on request.

About this bond

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.

19.15.36 NMAC (surface waste management facilities)Under 19.15.36 NMAC, a surface waste management facility must provide financial assurance, payable to EMNRD’s Oil Conservation Division, conditioned on proper operation, site closure, and post-closure care. The OCD must give 20 days’ notice and a hearing opportunity before forfeiture and releases the assurance after the post-closure period once monitoring shows no contamination and re-vegetation succeeds. Confirm the required amount on your OCD permit.

You need this bond if you are

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Permitting a surface waste management facility for oilfield waste
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Operating a treating or disposal site the OCD requires closure assurance for
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Expanding a facility so the OCD raised your closure-cost estimate
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Replacing an expiring bond on an existing surface waste 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 surface waste management 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 closure and post-closure cost, 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 19.15.36 NMAC, as a condition of permitting a surface waste management facility.
When does the assurance get released?After the post-closure care period, the OCD releases the remainder once monitoring wells show no contamination and the site has been successfully re-vegetated (or an approved alternative site-use plan is implemented).
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 happens before forfeiture?The OCD must give you 20 days’ notice and an opportunity for a hearing before forfeiting the assurance — it is not drawn without that process.
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.
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Surface waste assurance, filed fast.

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

Your premiumfrom $125
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