A statewide bond covers all of your federal oil & gas leases within a single state — one instrument instead of a bond per lease. The Bureau of Land Management requires it under 43 CFR part 3104, with a $500,000 minimum under the 2024 rule. We issue at a flat 3% with one soft credit pull.
















Your BLM operations in the state ride on this bond. Here is the entire process:
Business details, the lease serial number, the state where you operate, the bond amount, and the effective date — plus a one-time consent to a soft credit pull.
Statewide energy bonds get a closer underwriting look given the larger penal sums; an underwriter reaches out within 48 hours if anything is needed. The credit check is a soft pull.
Pay online and receive the executed statewide bond, ready to file with the BLM state office. Wet-ink originals mailed whenever the office insists.
Bond amount × 3% = your premium, one-time per term, $275 minimum. Enter the penal sum the BLM required and the premium updates.
A statewide oil & gas bond covers all of your federal leases within a single state under 43 CFR part 3104, instead of posting a separate bond for each lease. It secures compliance with every covered lease — including the obligation to plug wells and reclaim the surface.
The 2024 BLM oil and gas leasing rule (effective June 22, 2024) set the statewide minimum at $500,000 (and the individual-lease minimum at $150,000). It also ended new nationwide bonds, making statewide the broadest coverage the BLM now accepts. The exact figure can be higher based on a bond-adequacy review.
The bond is a three-party guarantee among you (the principal), the surety, and the United States (the obligee). If you fail to plug, reclaim, or comply on any covered lease and the BLM incurs cost, it can recover against the bond — and if the surety pays, you repay the surety. Enter the amount the BLM requires and we issue at a flat 3%.
These are the actual underwriting fields, including the lease serial number, the state of operations, and 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 →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum, soft pull only. Enter the amount the BLM required and e-sign in 1–2 business days.