Oil and Gas Bureau 

The Oil and Gas Bureau consists of auditors and collection staff who audit and ensure compliance with the severance tax (oil and natural gas tax) programs. In addition, audits are conducted under the federal royalty program via a contract with the Mineral Management Services (MMS) of the Department of Interior to ensure that the correct amount of federal royalties is paid, a portion of which are paid to New Mexico by MMS.

Links

General Information on Oil and Gas Tax Programs

Managed Audits

Forms and Publications

Common Reporting Examples

Industry Access

 

Production Restoration and Well Workover Approvals Updated Quarterly

Production Restoration

WellWork Over

Ad Valorem Production Tax Rates and Matrices (Tax Tables by Fiscal Year)

New Mexico Oil and Gas Production Tax Rates for September 1, 2011 through August 31, 2012

New Mexico Oil and Gas Production Tax Rates for September 1, 2010 through August 31, 2011   

New Mexico Oil and Gas Production Tax Rates for September 1, 2009 through August 31, 2010

New Mexico Oil and Gas Production Tax Rates for September 1, 2008 through August 31, 2009

New Mexico Oil and Gas Production Tax Rates for September 1, 2007 through August 31, 2008

New Mexico Oil and Gas Production Tax Rates for September 1, 2006 through August 31, 2007

New Mexico Oil and Gas Production Tax Rates for September 1, 2005 through August 31, 2006

New Mexico Oil and Gas Production Tax Rates for September 1, 2004 through August 31, 2005

New Mexico Oil and Gas Production Tax Rates for September 1, 2003 through August 31, 2004

New Mexico Oil and Gas Production Tax Rates for September 1, 2002 through August 31, 2003

New Mexico Oil and Gas Production Tax Rates for September 1, 2001 through August 31, 2002

New Mexico Oil and Gas Production Tax Rates for September 1, 2000 through August 31, 2001



Natural Gas Processors Tax Rates

Official Notification for Natural Gas Plant Operators (effective July 1, 2012 through June 30, 2013)



If you would like to receive a kit for filing taxes with our Bureau, please call 505-827-0812.

  • Message from the Secretary It’s that time of the year again when New Mexicans are getting ready to file their 2011 tax returns. I want to encourage everyone to file tax returns online. Not only will you receive your refund check faster… Read More ​

E-File for accurate returns and faster refunds.
Federal automatic extensions also extend New Mexico income tax returns.
E-File and E-Pay and extend your income tax due date.
Get your refund faster when you E-File.
Low-income residents may qualify for income tax credits.
You may qualify for the Working Family Income Tax Credit.
You may qualify for the Earned Income Tax credits.
Estimated tax payments may be required if you withhold too little.
Manage your account online using Taxpayer Access Point.
Business closed? Update your CRS account online.
Gross receipts tax rates are subject to change in January and July.
NTTCs may be required to support tax-deductible sales.
Changing your address? Update your tax records online.
View payments and returns using Taxpayer Access Point.
Keep up with recent tax changes. See the instructions.
Keep accurate tax records for up to 10 years.
Double-check your figures. Errors will delay your return.
Get your money faster using refund express direct deposit.
Pay online by electronic check or credit card.
Avoid delays, submit a complete return.
Tax Fraud in New Mexico, call 1-800-457-6789.
Check the status of your refund, visit Taxpayer Access Point.
Pay your property taxes to your county treasurer.
Delinquent property taxes? See your local county treasurer’s office.
Find out who is managing your county government.
Property tax auctions are often held at the county treasurer’s office.
April property tax valuation determines your November tax bill.
Property taxes pay for schools, police, and hospitals.
Property was sold at auction? We may have your money.
Stop penalty and interest by paying your principal tax quickly.
Make sure you use correct tax ID numbers.
Refund express? Double-check your bank account and routing numbers.
Include your phone number and e-mail address when filing.
Secure your tax records from identity theft.
Generally, both spouses are responsible for liability on a joint return.
Sign and date your return.
Avoid preparers who base their fee on a percentage of the refund.
Tax fraud is the responsibility of the taxpayer
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