Oil and Gas
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The quickest way to reach us is to contact us through the contact form on the website.
Address:
310 Old Santa Fe Trail,
Santa Fe NM 87501
Phone:
505-827-5760
Oil and natural gas produced on state trust lands continues to be an extremely important source of revenue for the trust beneficiaries.
Seismic surveys have become an essential tool for industry in exploration of new fields and in the redevelopment of older fields. The volume of seismic activity on state trust lands is a valid indicator of industry health and optimism and the number of acres under seismic permits per year track very well with the bonuses and acreage value for oil and gas leasing.
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Lease Sale Process
The State Land Office offers tracts for oil and gas leasing the third Tuesday of every month. Tracts are leased through a competitive sealed or oral bid process. To bid, you must have an OGRID number; if you do not have one; contact Veronica Gonzales at (505) 476-4538. Sealed bids must be submitted with payment prior to the lease sale; oral bidding is conducted at the lease sale. Full directions and the bid application form can be found in the monthly lease sale notice.
Anyone can nominate available tracts for offer at the lease sale. To nominate, send an email to Allison Marks, Director, at amarks@nmslo.gov. To find out which tracts are available, use the Oil and Gas Interactive Map.
SPECIAL NOTICE REGARDING CCAA
2024 Lease Sale Notices
2023 Lease Sale Notices
2023 Lease Sale Notices
2023 Lease Sale Notices
2023 Lease Sale Notices
2022 Lease Sale Notices
2020 Lease Sale Notices
2021 Lease Sale Notices
2019 Lease Sale Notices
2018 Lease Sale Notices
2017 Lease Sale Notices
2016 Lease Sale Notices
2015 Lease Sale Notices
2014 Lease Sale Notices
2013 Lease Sale Notices
2012 Lease Sale Notices
2011 Lease Sale Notices
Lease Sale Results
2023 Lease Sale Results
November 2023 Full Results (Updated 12/1/2023)