Royalty Management
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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
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
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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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)