Bond #9311-3 Day Approval
Drilling Wells Bond
Environmental bonds for oil, gas, water, and mineral wells. Required for drilling permits with environmental protection guarantees. Fast approval and competitive rates.
1-5% Annual Rates
Based on experience & credit
Fast Approval
1-3 business days
All Well Types
Oil, gas, water, mineral
Environmental Protection
Site restoration guarantee
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Fast approval for drilling permits
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24-hour approval
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1-3 Days
Approval Time
All States
Nationwide Coverage
1-5%
Annual Rates
24/7
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Who Needs Drilling Wells Bonds?
Required for companies and contractors drilling, operating, or plugging wells
Oil and gas drilling companies
Water well drilling contractors
Mineral exploration and mining companies
Geothermal energy developers
Environmental remediation contractors
Well plugging and abandonment services
Common Well Types Covered
Oil and gas production wells
Water supply and irrigation wells
Mineral exploration wells
Geothermal energy wells
Injection and disposal wells
Monitoring and observation wells
State Bond Requirements
Bond amounts vary by state and well type
Texas
Railroad Commission oversight
Bond Amount:$25,000-$250,000
Timeline:Permit application
North Dakota
Industrial Commission regulation
Bond Amount:$30,000-$100,000
Timeline:Before drilling
Oklahoma
Corporation Commission
Bond Amount:$10,000-$250,000
Timeline:Well permit required
Pennsylvania
DEP environmental oversight
Bond Amount:$2,500-$25,000
Timeline:Permit approval
Colorado
Oil & Gas Conservation Commission
Bond Amount:$5,000-$100,000
Timeline:Drilling permit
Federal Lands
Federal environmental standards
Bond Amount:$10,000-$150,000
Timeline:BLM/Forest Service permits
How to Get Your Drilling Wells Bond
Simple 4-step process to secure your bond
1
Get Quote
Submit bond application with well details and environmental plans
2
Underwriting Review
Environmental assessment and financial strength evaluation
3
Bond Issuance
Receive bond for state or federal permit submission
4
Permit Approval
Submit bond to regulatory agency for drilling authorization
Frequently Asked Questions
Common questions about drilling wells bonds
What is a drilling wells bond?
A drilling wells bond is a surety bond required by state and federal agencies that guarantees proper drilling practices, environmental compliance, and site restoration for oil, gas, water, or mineral well operations.
How much does a drilling wells bond cost?
Drilling wells bond premiums typically range from 1-5% of the bond amount annually. For a $50,000 bond, you might pay $500-$2,500 per year depending on your experience, financial strength, and environmental track record.
What bond amount do I need for well drilling?
Bond amounts vary significantly by state and well type. Water wells may require $2,500-$25,000 bonds, while oil and gas wells often require $25,000-$250,000 or more, depending on environmental risk and production potential.
How long does drilling bond approval take?
Most drilling wells bonds are approved within 1-3 business days for experienced operators with good credit. Complex projects or first-time applicants may require additional underwriting time.
Do I need separate bonds for drilling and plugging?
Some states require separate bonds for drilling operations and well plugging/abandonment, while others accept combination bonds. Check with your state regulatory agency for specific requirements.
What happens if there is environmental damage during drilling?
If environmental damage occurs and you fail to remediate it properly, the state can make a claim against your bond. The surety may complete the remediation work and seek reimbursement from you.
Related Environmental Bonds
Other bonds for mining and energy operations
Need Help Understanding Requirements?
Our environmental bonding specialists can guide you through state-specific drilling requirements and bond amounts.
Written by BuySuretyBonds.com
Licensed surety bond agency operating nationwide with direct integrations to Treasury-certified surety carriers. Our platform enables instant approval for license and notary bonds, with 24-48 hour underwriting for commercial bonds. All content is researched from official state and federal sources (.gov) and reviewed by licensed insurance professionals.
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