The nationwide bond historically covered all of an operator’s federal oil & gas leases across every state. That option is closing: under the 2024 BLM leasing rule, the BLM stopped accepting new nationwide bonds and required existing ones to be replaced. For almost everyone today, the right bond is now a statewide bond.
















Because the nationwide option closed in 2024, step one is confirming whether you need a statewide or individual-lease bond. Then it is the same fast process:
If you are replacing a legacy nationwide bond, we point you to the statewide bond for each state you operate in. Then it is business details, the lease serial number, amount, and effective date.
Energy bonds get a closer underwriting look given the penal sums; an underwriter reaches out within 48 hours if anything is needed. The credit check is a soft pull that never affects your score.
Pay online and receive the executed bond, ready to file with the BLM. Wet-ink originals mailed whenever the office insists.
Bond amount × 3% = your premium, one-time per term, $275 minimum. For replacements, this usually applies to a statewide bond ($500,000 minimum under the 2024 rule).
A nationwide bond once covered all of an operator’s federal oil & gas leases across every state under 43 CFR part 3104. It was the broadest, most convenient form of coverage — a single instrument for the whole portfolio.
The 2024 BLM oil and gas leasing rule (effective June 22, 2024) changed that. The BLM stopped accepting new nationwide (and unit) operator bonds, and required existing nationwide bonds to be replaced with statewide or individual-lease bonds by June 22, 2025. The rule also raised minimums to $150,000 per lease and $500,000 statewide.
So if you are looking for a nationwide bond today, the honest answer is that you almost certainly need a statewide bond for each state you operate in, or individual-lease bonds. Tell us where you operate and we’ll issue the right bond at a flat 3% — we won’t sell you an instrument the BLM won’t accept.
These are the underwriting fields, including the lease serial number and a one-time consent to a soft credit pull. If you are replacing a nationwide bond, we’ll set up the statewide bond you now need.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Nationwide bonds closed in 2024. Tell us where you operate and we’ll issue the statewide bond you need — flat 3%, $275 minimum, soft pull only.