Oklahoma Gross Production Tax- Purchaser (BT-158) Bond
Overview
Oklahoma's gross production tax system depends on purchasers of oil and gas operating in compliance — and this bond is how the state enforces that accountability. If you purchase oil, gas, or other minerals subject to Oklahoma's gross production tax, the Oklahoma Tax Commission requires you to post the BT-158 bond before you can operate as a licensed purchaser. It guarantees that tax remittances owed to the state will be paid in full and on time. Without it, you cannot legally buy production in Oklahoma.
Who Needs This Bond?
If you purchase crude oil, natural gas, or other gross-production-taxable minerals from Oklahoma producers, this bond is required. It applies to companies and individuals who take title to or acquire production at the wellhead or point of first purchase in Oklahoma. If the Oklahoma Tax Commission has told you to file a BT-158 bond as part of your purchaser license application, this is the exact bond you need. It is a statewide requirement — it applies regardless of which Oklahoma county your purchase activity takes place in.
What is this Bond For?
This bond protects the State of Oklahoma from financial loss caused by a licensed purchaser who fails to remit gross production taxes to the Oklahoma Tax Commission. When you buy oil or gas from a producer, you become responsible for collecting and forwarding those taxes. The bond is the state's financial backstop — if you don't pay, the surety steps in. It is not insurance for your business; it is a guarantee to the state that you will follow through on your tax obligations.
When is it Required?
Renewal and continuous compliance matter here — the Oklahoma Tax Commission expects this bond to remain in force for as long as you hold your purchaser's license. Your bond obligation begins with the initial license application and must be maintained without lapse throughout your purchasing operations. If your bond expires or is cancelled and you continue purchasing production, you are operating out of compliance with your license conditions. Keep your bond current and your license in good standing from day one.
Where Does it Apply?
This is a statewide Oklahoma bond. It is administered by the Oklahoma Tax Commission and applies to purchaser activity conducted anywhere within Oklahoma's borders. There is no county- or city-level version — the BT-158 requirement is uniform across the state for all licensed gross production tax purchasers.
How to Buy Online
Click 'Buy This Bond Online' on this page and you'll be taken directly to the secure surety portal in a new tab. Complete the application with your business details and bond amount, and your bond documents can be issued quickly without waiting on an agent callback. Once issued, you'll have what you need to submit to the Oklahoma Tax Commission as part of your purchaser licensing process.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for business owners who need a specific bond fast — not a sales call. Our nationwide catalog includes Oklahoma gross production tax bonds for purchasers, available to apply for right now online. No waiting rooms, no callbacks, no guesswork — just a direct path to your BT-158 bond.