Oklahoma Gross Production Tax- Refiner (BT-158) Bond
Overview
Oklahoma's gross production tax system requires refiners to back their tax obligations with a surety bond before they can legally operate in the state. This bond — the Gross Production Tax Refiner (BT-158) — guarantees that Oklahoma receives every dollar of gross production tax owed on oil and gas processed at your refinery. If your business fails to remit those taxes, the state can make a claim against the bond. It is a condition of doing business as a licensed refiner in Oklahoma, not optional.
Who Needs This Bond?
Refiners processing oil or gas in Oklahoma and required to report and remit gross production taxes to the Oklahoma Tax Commission need this bond. If your operation falls under the BT-158 classification — meaning you are registered or seeking registration as a refiner for gross production tax purposes — this bond is mandatory before you can legally operate. It applies to any entity, individual or corporate, that refines crude oil or natural gas subject to Oklahoma's gross production tax. If the Oklahoma Tax Commission has directed you to file this bond, you are in the right place.
What is this Bond For?
This bond protects the State of Oklahoma and ultimately Oklahoma taxpayers by guaranteeing that gross production taxes owed by a licensed refiner are actually paid. Gross production taxes are assessed on the value of oil and natural gas produced and refined in the state. The bond gives the Oklahoma Tax Commission a financial backstop — a direct claim — if a refiner defaults on those obligations. It keeps the state's revenue stream secure while allowing legitimate refining operations to proceed.
When is it Required?
Registering with the Oklahoma Tax Commission as a refiner subject to gross production tax is the moment this bond becomes mandatory. Before the Commission will issue or renew your BT-158 registration, the bond must be in place and on file. There is no grace period for operating without it — production or refining activity subject to this tax without a current bond exposes your business to regulatory action. Get the bond first, then proceed with licensing.
Where Does it Apply?
This bond is a statewide Oklahoma requirement enforced by the Oklahoma Tax Commission. It covers any refining activity subject to gross production tax anywhere within Oklahoma's borders. There is no county or city component — it is a condition of your state-level refiner registration.
How to Buy Online
Click 'Buy This Bond Online' on this page and the secure surety portal will open in a new tab. Enter your refiner details, complete the application, and your bond documents can be issued quickly — no waiting on an agent callback. Once issued, you can submit your bond to the Oklahoma Tax Commission as part of your BT-158 registration.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and built for business owners who need the right bond fast, without phone tag or paperwork delays. Our nationwide catalog covers Oklahoma Tax Commission requirements including the BT-158 Gross Production Tax Refiner bond. Buy online, get your documents, and move forward with your registration today.