43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3251.14

Do I need a bond for conducting exploration operations?

Title 43 C.F.R. ● ACTIVE Primary Source
Regulatory Text

43 C.F.R. § 3251.14 — Do I need a bond for conducting exploration operations?

§ 3251.14 Do I need a bond for conducting exploration operations? (a) You must not start any exploration operations on BLM-managed lands until we approve your bond. You may meet the requirement for an exploration bond in two ways: (1) If you have an existing nationwide or statewide oil and gas exploration bond, provide a rider in an amount we have specified to include geothermal resources exploration operations; or (2) If you must file a new bond for geothermal exploration, the minimum amounts are: (i) $5,000 for a single operation; (ii) $25,000 for all of your operations within a state; and (iii) $50,000 for all of your operations on public lands nationwide. (b) See subparts 3214 and 3215 for additional details on bonding procedures.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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43 C.F.R. § 3251.14
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The regulatory text of 43 C.F.R. § 3251.14 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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