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Royalty Rates

Texas' royalty rates on oil and gas is 25%, New Mexico's is 20%. SGR is fighting to make sure we make our fair share from our resources.

Land commissioner wants to raise cap on oil royalties to match Texas (Santa Fe New Mexican, January 9, 2019)

Oil and gas industry on edge (Albuquerque Journal, January 20, 2019)

New Mexico proposal calls for hike in oil and gas royalties (Santa Fe New Mexican, January 29, 2019)

Let’s dance — or, it’s time to raise money for schools (Santa Fe New Mexican, February 2, 2019)

State Land Office: More transparency, higher royalties on New Mexico oil and gas (Carlsbad Current Argus, February 11, 2019)

New Mexico shuns proposal to raise royalty rates on oil (AP News, February 15, 2019)

How the oil and gas industry is trying to hold US public schools hostage (The Guardian, May 4, 2022)

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