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Royalty Management

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310 Old Santa Fe Trail,
Santa Fe NM 87501


The Royalty Management Division processes oil and gas royalty revenue and executes related audit and compliance programs. State Trust lands continue to play a significant role in the production of mineral resources in New Mexico.

Estevan Baca

Estevan Baca

Director of Royalty Management Division

Estevan Baca graduated from the Anderson School of Business – University of New Mexico in 2009 with his accounting degree.  His resume with the State of New Mexico includes being a Special Agent investigating Tax Fraud, an Oil and Gas Royalty Auditor, and being in charge of over $6 billion in Medicaid funding.  He is excited to have the privilege to lead the Royalty Management Division.  The Royalty Management Division works very hard for the State Land Trust and its beneficiaries, and as the director, he plans to build on the success of his predecessors.

For more information about the Royalty Management Division, contact Division Director Estevan Baca at (505) 827-1218.

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