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Code of Federal Regulations Title 43. Public Lands:  Interior § 43.3261.18 Do I need to file a bond with BLM before I build a well pad or drill a well?

Current as of January 02, 2025 | Updated by Findlaw Staff

Before starting any operation, you must:

(a) File with BLM either a surety or personal bond in the following minimum amount:

(1) $10,000 for a single lease;

(2) $50,000 for all of your operations within a state;  or

(3) $150,000 for all of your operations nationwide;

(b) Get our approval of your surety or personal bond;  and

(c) To cover any drilling operations on all leases committed to a unit, either submit a bond for that unit in an amount we specify, or provide a rider to a statewide or nationwide bond specifically covering the unit in an amount we specify.

(d) See subparts 3214 and 3215 for additional details on bonding procedures.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 43. Public Lands:  Interior § 43.3261.18 Do I need to file a bond with BLM before I build a well pad or drill a well? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-43-public-lands-interior/cfr-sect-43-3261-18/

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