Oklahoma Gross Production Tax- Reclaimer (BT-158) Bond
Overview
Are you a reclaimer operating in Oklahoma's oil and gas sector? If the Oklahoma Tax Commission has directed you to obtain a Gross Production Tax Reclaimer Bond (BT-158), you need to act before your registration moves forward. This bond guarantees that you will properly report and remit gross production taxes owed to the state on reclaimed oil or gas — and it holds you financially accountable if you don't.
Who Needs This Bond?
You're a reclaimer who processes or recovers oil or gas in Oklahoma and the Tax Commission has flagged this bond as a condition of your registration. Reclaimers who extract usable hydrocarbons from waste streams, tank bottoms, or similar sources fall under Oklahoma's gross production tax framework. If you're in that business and you want a valid BT-158 registration, this bond is not optional — it's the financial guarantee the state requires before you can operate.
What is this Bond For?
Oklahoma's gross production tax applies to the value of oil and gas produced in the state, and reclaimers are subject to that tax on the product they recover. This bond protects the Oklahoma Tax Commission — the obligee — by ensuring that if you fail to report production accurately or fail to pay taxes owed, the state has a financial remedy. It is not insurance for your business; it is a guarantee to the state that you will follow the rules.
When is it Required?
Before your BT-158 registration is approved, this bond must already be executed and on file with the Oklahoma Tax Commission. You cannot begin operating legally as a reclaimer under Oklahoma's gross production tax rules without it in place. Don't wait until your application deadline is close — get the bond first, then submit your registration package.
Where Does it Apply?
This bond is a statewide Oklahoma requirement enforced by the Oklahoma Tax Commission. It is not a local or county permit — it applies to reclaimer activity anywhere within the state of Oklahoma. If you're reclaiming product in multiple Oklahoma locations, one bond covering your registration satisfies the statewide obligation.
How to Buy Online
Click 'Buy This Bond Online' on this page and the secure surety portal will open in a new tab. Complete your application, upload any required documents, and move through the process entirely online — no phone tag, no waiting on a callback. Once approved, your bond documents are delivered so you can submit them directly to the Oklahoma Tax Commission.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for business owners who need a bond now, not next week. Our nationwide catalog includes hard-to-find tax and excise bonds like the Oklahoma Gross Production Tax Reclaimer BT-158 — ready to purchase online without hunting down a local agent. Fast, direct, and backed by real surety expertise.