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Oil, natural gas and mineral extraction and related industries (severance, processing, pipelines, oil well services, for example) are among the chief sources of revenue for New Mexico.

This page provides revenue and statistical information on these taxes.

  • Ad Valorem Production and Equipment Taxes
  • Taxation of Coal and Other Energy Resources
  • Revenues from Oil and Natural Gas
  • Revenues from Hard Minerals

For reports on oil, natural gas and other hydrocarbons used by the Tax Analysis, Research and Statistics Office go to www.ongard.state.nm.us Select “Industry Access,” then “Taxation and Revenue Department Inquiries,” and then “Tax Research”. Select report of interest and enter selection criteria.

Monthly Oil and Gas Production & Equipment Distribution Reports 

Oil and Gas Ad Valorem Equipment Tax

This is an ad valorem tax on equipment used in production of oil, natural gas, carbon dioxide and non-hydrocarbon gas. The tax is on the assessed value of the equipment. The assessed value of the equipment is a percentage of its value as established under the Ad Valorem Production Tax multiplied by the uniform assessment ratio. Section 7-34-1 NMSA 1978

Oil and Gas Ad Valorem Production Tax

This is an ad valorem tax on the assessed value of products severed and sold from each production unit. The assessed value is determined by applying the uniform assessment ratio to the taxable value of products. The tax is governed by Section 7-32-1 et seq. NMSA 1978.

Note: Tax collections are distributed the 3rd month after the accrual (business activity) month. For example, the file for OG Production reflects business activity in September, the collection month was November (tax returns were due by November 25th), and these collections were distributed in December.

To access your ACH Transfer Notice and Distribution Summary, select a report below. Once the file is open, use the down arrow on the tool bar at the top of the screen to navigate to the letter that applies to your local government or school district.

Business Activity Collection Month Distribution Month Monthly Oil and Gas Prod Distribution Report Monthly ACH Transfer Report
January February March Oil & Gas-Equipment - 201702 OG-Equip-ACH-0217
December February March Oil & Gas-Production - 201702 OG-Prod-ACH-0217
December January February Oil & Gas-Equipment - 201701 OG-Equip-ACH-0117
November January February Oil & Gas-Production - 201701 OG-Prod-ACH-0117
November December January Oil & Gas-Equipment - 201612 OG-Equip-ACH-1216
October December January Oil & Gas-Production - 201612 OG-Prod-ACH-1216
October November December Oil & Gas-Equipment - 201611 OG-Equip-ACH-1116
September November December Oil & Gas-Production - 201611 OG-Prod-ACH-1116
September October November Oil & Gas-Equipment - 201610 OG-Equip-ACH-1016
August October November Oil & Gas-Production - 201610 OG-Prod-ACH-1016
August September October Oil & Gas-Equipment - 201609 OG-Equip-ACH-0916
July September October Oil & Gas-Production - 201609 OG-Prod-ACH-0916
July August September Oil & Gas-Equipment - 201608 OG-Equip-ACH-0816
June August September Oil & Gas-Production - 201608 OG-Prod-ACH-0816
June July August Oil & Gas-Equipment - 201607 OG-Equip-ACH-0716
May July August Oil & Gas-Production - 201607 OG-Prod-ACH-0716
May June July Oil & Gas-Equipment - 201606 OG-Equip-ACH-0616
April June July Oil & Gas-Production - 201606 OG-Prod-ACH-0616
April May June Oil & Gas-Equipment - 201605 OG-Equip-ACH-0516
March May June Oil & Gas-Production - 201605 OG-Prod-ACH-0516
March April May Oil & Gas-Equipment - 201604 OG-Equip-ACH-0416
February April May Oil & Gas-Production - 201604 OG-Prod-ACH-0416
February March April Oil & Gas-Equipment - 201603 OG-Equip-ACH-0316
January March April Oil & Gas-Production - 201603 OG-Prod-ACH-0316
January February March Oil & Gas-Equipment - 201602 OG-Equip-ACH-0216
December February March Oil & Gas-Production - 201602 OG-Prod-ACH-0216
December January February Oil & Gas-Equipment - 201601 OG-Equip-ACH-0116
November January February Oil & Gas-Production - 201601 OG-Prod-ACH-0116
November December January Oil & Gas-Equipment - 201512 OG-Equip-ACH-1215
October December January Oil & Gas-Production - 201512 OG-Prod-ACH-1215
October November December Oil & Gas-Equipment - 201511 OG-Equip-ACH-1115
September November December Oil & Gas-Production - 201511 OG-Prod-ACH-1115
September October November Oil & Gas-Equipment - 201510 OG-Equip-ACH-1015
August October November Oil & Gas-Production - 201510 OG-Prod-ACH-1015
August September October Oil & Gas-Equipment - 201509 OG-Equip-ACH-0915
July September October Oil & Gas-Production - 201509 OG-Prod-ACH-0915
July August September Oil & Gas-Equipment - 201508 OG-Equip-ACH-0815
June August September Oil & Gas-Production - 201508 OG-Prod-ACH-0815
June July August Oil & Gas-Equipment - 201507 OG-Equip-ACH-0715
May July August Oil & Gas-Production - 201507 OG-Prod-ACH-0715
May June July Oil & Gas-Equipment - 201506 OG-Equip-ACH-0615
April June July Oil & Gas-Production - 201506 OG-Prod-ACH-0615
April May June

Oil & Gas-Equipment - 201505

OG-Equip-ACH-0515

March May June Oil & Gas-Production - 201505 OG-Prod-ACH-0515
March April May Oil & Gas-Equipment - 201504 OG-Equip-ACH-0415
February April May Oil & Gas-Production - 201504 OG-Prod-ACH-0415
February March April Oil & Gas-Equipment - 201503 OG-Equip-ACH-0315
January March April Oil & Gas-Production - 201503 OG-Prod-ACH-0315
January February March Oil & Gas-Equipment - 201502 OG-Equip-ACH-0215
December February March Oil & Gas-Production - 201502 OG-Prod-ACH-0215
December January February Oil & Gas-Equipment - 201501 OG-Equip-ACH-0115
November January February Oil & Gas-Production - 201501 OG-Prod-ACH-0115
November December January Oil & Gas-Equipment - 201412 OG-Equip-ACH-1214
October December January Oil & Gas-Production - 201412 OG-Prod-ACH-1214
October November December Oil & Gas-Equipment - 201411 OG-Equip-ACH-1114
September November December Oil & Gas-Production - 201411 OG-Prod-ACH-1114
September October November Oil & Gas-Equipment - 201410 OG-Equip-ACH-1014
August October November Oil & Gas-Production - 201410 OG-Prod-ACH-1014
August September October Oil & Gas-Equipment - 201409 OG-Equip-ACH-0914
July September October Oil & Gas-Production - 201409 OG-Prod-ACH-0914
July August September Oil & Gas-Equipment - 201408 OG-Equip-ACH-0814
June August September Oil & Gas-Production - 201408 OG-Prod-ACH-0814
June July August Oil & Gas-Equipment - 201407 OG-Equip-ACH-0714
May July August Oil & Gas-Production - 201407 OG-Prod-ACH-0714
May June July Oil & Gas-Equipment - 201406 OG-Equip-ACH-0614
April June July Oil & Gas-Production - 201406 OG-Prod-ACH-0614
April May June Oil & Gas-Equipment - 201405 OG-Equip-ACH-0514
March May June Oil & Gas-Production - 201405 OG-Prod-ACH-0514
March April May Oil & Gas-Equipment - 201404 OG-Equip-ACH-0414
February April May Oil & Gas-Production - 201404 OG-Prod-ACH-0414
February March April Oil & Gas-Equipment - 201403 OG-Equip-ACH-0314
January March April Oil & Gas-Production - 201403 OG-Prod-ACH-0314
January February March Oil & Gas-Equipment - 201402 OG-Equip-ACH-0214
December February March Oil & Gas-Production - 201402 OG-Prod-ACH-0214
December January February Oil & Gas-Equipment - 201401 OG-Equip-ACH-0114
November January February Oil & Gas-Production - 201401 OG-Prod-ACH-0114
November December January Oil & Gas-Equipment - 201312 OG-Equip-ACH-1213
October December January Oil & Gas-Production - 201312 OG-Prod-ACH-1213
October November December Oil & Gas-Equipment - 201311 OG-Equip-ACH-1113
September November December Oil & Gas-Production - 201311 OG-Prod-ACH-1113
September October November Oil & Gas-Equipment - 201310 OG-Equip-ACH-1013
August October November Oil & Gas-Production - 201310 OG-Prod-ACH-1013 
August September October Oil & Gas-Equipment - 201309 OG-Equip-ACH-0913
July September October Oil & Gas-Production - 201309 OG-Prod-ACH-0913
July August September Oil & Gas-Equipment - 201308 NO DISTRIBUTION FOR THIS MONTH
June August September Oil & Gas-Production - 201308 OG-Prod-ACH-0813
June July August Oil & Gas-Equipment - 201307 NO DISTRIBUTION FOR THIS MONTH
May July August Oil & Gas-Production - 201307 OG-Prod-ACH-0713
 May  June July Oil & Gas-Equipment - 201306 OG-Equip-ACH-0613
 April  June July Oil & Gas-Production - 201306 OG-Prod-ACH-0613
 April  May June Oil & Gas-Equipment - 201305 OG-Equip-ACH-0513
 March  May June Oil & Gas-Production - 201305 OG-Prod-ACH-0513
 March  April May Oil & Gas-Equipment - 201304 OG-Equip-ACH-0413
 February  April May Oil & Gas-Production - 201304 OG-Prod-ACH-0413 
 February  March April Oil & Gas-Equipment - 201303 OG-Equip-ACH-0313
 January  March April Oil & Gas-Production - 201303 OG-Prod-ACH-0313
 January  February March Oil & Gas-Equipment - 201302 OG-Equip-ACH-0213
 December  February March Oil & Gas-Production - 201302 OG-Prod-ACH-0213
 December  January February Oil & Gas-Equipment - 201301 OG-Equip-ACH-0113
 November  January February Oil & Gas-Production - 201301 OG-Prod-ACH- 0113 
 November  December January Oil & Gas-Equipment - 201212 OG-Equip-ACH-1212
 October  December January Oil & Gas-Production - 201212 OG-Prod-ACH- 1212
 October  November December Oil & Gas-Equipment - 201211 OG-Equip-ACH-1112
 September  November December Oil & Gas-Production - 201211 OG-Prod-ACH- 1112
 September  October November Oil & Gas-Equipment - 201210 OG-Equip-ACH-1012
 August  October November Oil & Gas-Production - 201210 OG-Prod-ACH- 1012
 August  September October Oil & Gas-Equipment - 201209 OG-Equip-ACH-0912
 July  September October Oil & Gas-Production - 201209 OG-Prod-ACH- 0912
 July  August September Oil & Gas-Equipment - 201208 NO DISTRIBUTION
THIS MONTH
 June  August September Oil & Gas-Production - 201208 OG-Prod-ACH- 0812
 June  July August Oil & Gas-Equipment - 201207 OG-Equip-ACH-0712
 May  July August Oil & Gas-Production - 201207 OG-Prod-ACH- 0712
 May  June July Oil & Gas-Equipment - 201206 OG-Equip-ACH-0612
 April  June July Oil & Gas-Production - 201206 OG-Prod-ACH- 0612
 April  May June Oil & Gas-Equipment - 201205 OG-Equip-ACH-0512
 March  May June Oil & Gas-Production - 201205 OG-Prod-ACH- 0512
 March  April  May Oil & Gas-Equipment - 201204 OG-Equip-ACH- 0412
 February  April  May Oil & Gas-Production - 201204 OG-Prod-ACH- 0412
 February  March  April Oil & Gas-Equipment - 201203 OG-Equip-ACH- 0312
 January  March  April Oil & Gas-Production - 201203 OG-Prod-ACH-0312
 January  February  March Oil & Gas-Equipment - 201202 OG-Equip-ACH- 0212
 December  February  March Oil & Gas-Production - 201202 OG-Prod-ACH-0212
 December  January  February Oil & Gas-Equipment - 201201 OG-Equip-ACH- 0112
 November  January  February Oil & Gas-Production - 201201 OG-Prod-ACH-0112
 November  December  January Oil & Gas-Equipment - 201112 OG-Equip-ACH- 1211
 October December  January Oil & Gas-Production - 201112 OG-Prod-ACH-1211
 October  November  December Oil & Gas-Equipment - 201111 OG-Equip-ACH- 1111
 September  November  December Oil & Gas-Production - 201111 OG-Prod-ACH-1111
 September  October  November Oil & Gas-Equipment - 201110 OG-Equip-ACH- 1011
 August  October  November Oil & Gas-Production - 201110 OG-Prod-ACH-1011
August September October Oil & Gas-Equipment - 201109 OG-Equip-ACH- 0911
July September October Oil & Gas-Production - 201109 OG-Prod-ACH-0911
July August September Oil & Gas-Equipment - 201108 OG-Equip-ACH- 0811
June August September Oil & Gas-Production - 201108 OG-Prod-ACH-0811
June July August Oil & Gas-Equipment - 201107- No Distribution  
May July August Oil & Gas-Production - 201107 OG-Prod-ACH-0711
May June July Oil & Gas-Equipment - 201106 OG-Equip-ACH-0611
April June July Oil & Gas-Production - 201106 OG-Prod-ACH-0611
April May June Oil & Gas-Equipment - 201105 OG-Equip-ACH-0511
March May June Oil & Gas-Production - 201105 OG-Prod-ACH-0511
March April May Oil & Gas-Equipment - 201104 OG-Equip-ACH-0411
February April May Oil & Gas-Production - 201104 OG-Prod-ACH-0411
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