AK oil & gas operator bonds.
From $100. Enter your amount.
The bond an oil, gas, or geothermal well operator files with the Alaska Oil and Gas Conservation Commission (AOGCC) as security to plug wells and restore sites. The AOGCC sets the amount — single-well or statewide blanket — and the application collects no credit information. The premium is 2% of the bond amount, $100 minimum — your exact price appears in the short application.
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Apply to filed in one sitting.
No long underwriting queue for the standard operator bond — enter your amount, pay, and file with the AOGCC. Here is the whole thing:
Apply online
Your operating company details, the bond amount the AOGCC required, and the effective date — that is the entire application.
Issued fast
The application collects no credit information, so most issue quickly. Larger statewide blanket amounts may get a brief underwriter review — if a check ever runs, it is a soft pull that never affects your score.
File with the AOGCC
Submit the executed surety bond (the AOGCC uses Form 10-402A for surety) with your permit-to-drill application. Wet-ink originals mailed whenever the Commission insists.
What it is and who needs it.
What the operator bond actually covers
The Alaska Oil and Gas Conservation Commission (AOGCC) regulates the drilling and operation of oil, gas, and geothermal wells. Before it issues a permit to drill, an operator must post security, and a surety bond satisfies that requirement under AS 31.05.030 and 20 AAC 25.025.
The bond guarantees the operator will plug each dry or abandoned well and restore the well site in accordance with Commission rules. An operator can file a single-well bond or a statewide blanket bond covering all of its wells; the bond stays in force from the first permit to drill until every well is plugged and abandoned and every site is restored.
The bond protects the state — if an operator fails to plug or restore, the AOGCC can recover against it to fund the work. If the surety pays, the operator repays the surety. We issue the amount the Commission set — the application collects no credit information, and premiums start from $100; larger blanket amounts may get a quick review, and any check that does run is a soft pull that never affects your score.
You need this bond if you are
One application, then file.
Submit the application with the bond amount the AOGCC required — the executed bond is generated ready to file with your permit application. No credit section in the application.
Start the application →Common questions.
Other Alaska bonds.
Operator bond, issued for the AOGCC.
Premiums from $100, exact price shown before you pay. Enter the amount the Commission required and file with your permit.