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310 Old Santa Fe Trail,
Santa Fe NM 87501
The New Mexico State Land Office
The New Mexico State Land Office, under the direction of Commissioner Garcia Richard, manages 9 million acres of surface acres and 13 million mineral acres across 32 counties. This land, referred to as state trust land, was allocated to New Mexico by the Federal Government under the Ferguson Act of 1898 and the Enabling Act of 1910. The mission of the agency is to use state trust land to raise revenue for New Mexico public schools, hospitals, colleges, and other public institutions. The entities are the beneficiaries of revenue raised when the Land Office does business on state trust land. Revenue is raised by leasing land for oil, gas, and mineral exploration, business and commercial operations such as renewable energy projects, agriculture and livestock grazing, outdoor recreation opportunities, and much more. In 2019, the Land Office is on track to raise over $1 billion for the public institutions it supports – more money than ever before, with an estimated saving to the taxpayer of $1,500 for the year.