Not in Arkansas? Browse bonds by state

Arkansas drilling permit bonds.
From $100.

The Arkansas Oil & Gas Commission (AOGC) requires proof of financial responsibility before drilling, under General Rule B-2, so abandoned wells get properly plugged. You can post a single-well or blanket bond — the premium is 5% of the bond amount, $100 minimum, with a soft credit pull for approval only. Your exact price appears at the application.

✓
Required for a drilling permit / proof of financial responsibility under AOGC General Rule B-2
✓
Single-well or blanket — amount set by the Commission for the well or operator class
✓
One soft credit pull — never a hard inquiry, and it never affects your score
5%of the bond amount, $100 minInstantissued the moment you paySoft pull onlynever a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Arkansas drilling permit bond cost?

5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

Enter your amount, consent to a soft pull, and file with the Commission. Here is the whole thing:

TODAY · ONLINE

Apply online

Your operator details, the bond amount the Commission requires, and the effective date — that is the application, plus a one-time soft-pull consent.

WITHIN 48 HOURS

Reviewed & approved

Most clear quickly; larger blanket bonds get an underwriting look, and you hear from an underwriter within 48 hours if anything is needed. One soft credit pull, never a hard inquiry, and it never affects your score.

1–2 BUSINESS DAYS

File with the Oil & Gas Commission

Your executed bond arrives by email, ready to file as proof of financial responsibility with your permit. Wet-ink originals mailed whenever the Commission insists.

About this bond

What it is and who needs it.

What the drilling permit bond actually covers

The Arkansas Oil & Gas Commission regulates the drilling, operation, and plugging of oil and gas wells. Before drilling, an operator must furnish proof of financial responsibility under General Rule B-2 — a surety bond is one accepted form — so the state is protected if the operator fails to plug and abandon a well properly.

The bond stands behind the operator's well-plugging and site-restoration obligations. Under the Commission's plugging rules an operator must plug dry or abandoned wells per AOGC requirements; if the operator defaults, the Commission can recover plugging costs against the bond.

You can post a single-well bond for one permit or a blanket bond covering all of your wells; the amount comes from the Commission's current financial-assurance schedule. Because amounts and rule details are updated periodically, confirm the figure with the Commission — then enter it and we issue from $100 with a soft pull only — your exact price appears at the application.

AOGC General Rule B-2 (financial responsibility)The Arkansas Oil & Gas Commission (Agency 178) requires proof of financial responsibility under General Rule B-2 before drilling, to assure proper plugging and abandonment of wells. Operators may post single-well or blanket financial assurance, including a surety bond, in amounts set by the Commission's current schedule. Rule numbers and amounts are updated periodically — confirm the current requirement with the Commission, and we'll write the amount it names.

You need this bond if you are

✓
An operator applying for a drilling permit the Commission requires financial assurance for
✓
Posting a single-well bond for one well or permit
✓
Posting a blanket bond to cover all of your Arkansas wells under one filing
✓
Replacing or increasing assurance the Commission has asked you to update
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the Oil & Gas Commission. Your executed bond arrives by email, ready to file as proof of financial responsibility with your permit. Wet-ink originals mailed whenever the Commission insists.

What sets the price

The premium is 5% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application: approved instantly, or after a quick credit check.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.

Start the application →
FAQ

Common questions.

How much is the Arkansas drilling permit bond?The premium is 5% of the bond amount, $100 minimum. The amount itself is set by the Oil & Gas Commission and depends on whether you post a single-well or blanket bond. Enter the figure the Commission requires at the application and your exact price appears before you pay.
Single-well or blanket — which do I need?A single-well bond covers one permit; a blanket bond covers all of your wells under one filing and is usually more economical once you operate several. The Commission sets the amount for each — confirm yours and we will write it.
What does the bond guarantee?It backs your obligation to plug and abandon wells properly and restore the site. If you default and the Commission has to plug a well, it can recover those costs against the bond — and if the surety pays, you repay the surety.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It is used for approval, not price: the premium is 5% of the bond amount, $100 minimum, and your exact figure appears at the application.
Why do you phrase the rule conservatively?Because the Oil & Gas Commission updates its general rules and financial-assurance amounts periodically, we point you to confirm the current figure with the Commission rather than quote a number that may have changed. Send us your permit requirement and we will match it exactly.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Arkansas bonds.

Price and requirements checked on the carrier’s application, . Page updated .

Drilling permit bond, issued this week.

Priced at 5% of the bond amount, $100 minimum. Enter the amount the Commission requires and file within days.

Your premiumfrom $100
Apply now →