43 C.F.R. § 3261.18 — Do I need to file a bond with BLM before I build a well pad or drill a well?
§ 3261.18 Do I need to file a bond with BLM before I build a well pad or drill a well? 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.