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Colorado oil & gas surface bonds.
From $125.

The surface owner protection bond a Colorado oil and gas operator files on Form 3 under Rule 703, posted when you operate on land you do not own and lack a surface use agreement. The premium is 5% of the bond amount plus a $25 fee, $125 minimum — enter the amount the Commission set to see your exact price at application.

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Filed on Form 3 under ECMC Rule 703 — the surface owner protection rule
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Posted when you operate on land you do not own without a surface use agreement in place
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5% of the bond amount plus a $25 fee + $25, $125 minimum — enter the amount the Commission set and see your exact price at the application
5% + $25 fee$125 minimum, priced by bond amountSoft pull onlynever a hard inquiryFastinstant underwriting for most
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 a Colorado oil & gas surface bond cost?

5% of the bond amount plus a $25 fee, from $125. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

Enter the amount the Commission required, consent to a soft pull, and file your Form 3. Here is the whole thing:

TODAY · ONLINE

Apply online

Your operator details, the bond amount the Commission required, and the effective date — that is the application. A quick soft credit check may run as part of it, never a hard inquiry.

RIGHT AWAY

Approved

Most are approved as soon as you apply. Any credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.

SAME DAY

File Form 3 with the Commission

Receive the executed bond, attach it to your Form 3 financial assurance filing with the Energy & Carbon Management Commission. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the surface bond actually covers

Colorado regulates oil and gas operators through the Energy & Carbon Management Commission (ECMC) — the agency formerly known as the Colorado Oil and Gas Conservation Commission (COGCC), renamed in 2023. The Commission requires operators to demonstrate financial assurance on Form 3, indexed to the applicable bonding rules.

Rule 703 is the surface owner protection bond. It is generally triggered when an operator works on land it does not own and does not have a surface use agreement with the surface owner. The bond stands behind the operator's obligation to protect and reclaim the surface, and to compensate the surface owner for damage.

The amount is set by the Commission under its rules rather than by a flat statute, so it varies with the operation, and the premium — 5% of that amount plus a $25 fee, $125 minimum — scales with it. A quick soft credit check may apply, never a hard inquiry. Enter the figure on your Form 3 filing to see your exact price, and confirm the current Rule 703 amount and form with the ECMC before you file.

ECMC Rule 703 (Form 3)Colorado's Energy & Carbon Management Commission (formerly the Oil and Gas Conservation Commission) requires operators to post financial assurance on Form 3. Rule 703 governs the surface owner protection bond, generally required where an operator works on non-owned land without a surface use agreement. Amounts are set under the Commission's rules; confirm the current figure and form on your Form 3 filing.

You need this bond if you are

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An oil & gas operator working on land you do not own without a surface use agreement
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Filing Form 3 financial assurance that the Commission ties to Rule 703
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Adding a location or well on a new surface owner's land
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Replacing prior assurance the Commission 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 Form 3 with the Commission. Receive the executed bond, attach it to your Form 3 financial assurance filing with the Energy & Carbon Management Commission. Wet-ink originals mailed on request.

What sets the price

The premium is 5% of the bond amount plus a $25 fee, $125 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, then a quick review.

Submit the application with the bond amount the Commission set. A quick soft credit check may run as part of underwriting — never a hard inquiry. Your executed Form 3 bond typically issues within 1–2 business days.

Start the application →
FAQ

Common questions.

How much is the Colorado oil & gas surface bond?The premium is 5% of the bond amount plus a $25 fee, $125 minimum — priced by the amount, not a credit tier. The amount itself is set by the Energy & Carbon Management Commission under Rule 703 — enter the figure on your Form 3 filing and your exact price appears at the application.
Is this the COGCC bond?Yes — the Colorado Oil and Gas Conservation Commission was renamed the Energy & Carbon Management Commission (ECMC) in 2023. The Form 3 financial assurance filing and Rule 703 surface owner protection bond are the same requirement under the new name.
When is Rule 703 triggered?Generally when an operator works on land it does not own and does not have a surface use agreement with the surface owner. The bond protects the surface owner and backs the operator's reclamation obligations. Confirm the trigger and amount with the ECMC.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. A quick soft credit check may apply as part of underwriting — never a hard inquiry, no impact on your score. Your price is set by the bond amount — 5% plus $25, $125 minimum — not by a credit tier.
Which form do I file?Form 3 — Oil and Gas Operator Financial Assurance — with the Energy & Carbon Management Commission, indicating Rule 703 coverage. We issue the executed bond ready to attach to that filing.
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.
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Surface bond, ready for your Form 3.

Premiums from $125, soft pull only. Enter the amount the Commission set and see your exact price.

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