BLM statewide oil & gas bonds.
Flat 3%. Soft pull.

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.

Covers all your federal oil & gas leases in one state under 43 CFR 3104 — one bond, not one per lease
The 2024 BLM leasing rule set a $500,000 statewide minimum (and made statewide the broadest option going forward)
Soft credit pull only — never affects your score, and the rate stays a flat 3% either way
A-ratedA.M. Best carriers$275minimum premiumSoft pullnever affects your score
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps to a filed statewide bond.

Your BLM operations in the state ride on this bond. Here is the entire process:

TODAY · 5 MINUTES

Apply once, online

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.

WITHIN 48 HOURS

Reviewed & approved

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.

1–2 BUSINESS DAYS

E-sign & file with the BLM

Pay online and receive the executed statewide bond, ready to file with the BLM state office. Wet-ink originals mailed whenever the office insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time per term, $275 minimum. Enter the penal sum the BLM required and the premium updates.

$500,000 bond
$15,000
$750,000 bond
$22,500
$1,000,000 bond
$30,000
About this bond

What it is and who needs it.

What the statewide bond actually covers

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%.

43 CFR part 3104 (BLM statewide bonds)A statewide oil & gas bond under 43 CFR subpart 3104 covers all of a lessee’s or operator’s federal leases within one state. The 2024 BLM leasing rule (effective June 22, 2024) set a $500,000 statewide minimum and a $150,000 individual-lease minimum, and ended new nationwide bonds. The BLM can require more on a bond-adequacy review — confirm your amount with the BLM state office.

You need this bond if you are

An operator with multiple leases in one state consolidating coverage into a statewide bond
Replacing a nationwide bond that the BLM no longer accepts after the 2024 rule
Meeting the higher 2024 minimums on existing statewide coverage
Expanding within a state where a statewide bond is more efficient than per-lease bonds

Five minutes. The whole thing.

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the BLM statewide oil & gas bond? +
The premium is a flat 3% of the penal sum, with a $275 minimum. The 2024 BLM rule set the statewide minimum at $500,000 — so a $500,000 bond runs $15,000 — and the BLM can require more on a bond-adequacy review. Enter your amount and the quote updates.
What is the difference from an individual-lease bond? +
A statewide bond covers all of your federal leases within one state; an individual-lease bond covers just one. If you operate several leases in a state, the statewide bond is usually simpler and is the broadest coverage the BLM now accepts.
Why can’t I just use a nationwide bond? +
As of the 2024 leasing rule, the BLM no longer accepts new nationwide bonds, and existing ones had to be replaced with statewide or individual-lease bonds. Statewide is now the broadest available option.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price: the rate is a flat 3% either way. Statewide bonds get a closer underwriting look given the larger penal sums.
What does the bond guarantee? +
Compliance with every covered lease and BLM regulations, including plugging wells and reclaiming the surface. If you fail to and the BLM incurs cost, it can recover against the bond; if the surety pays, you repay the surety.
Related bonds

Other New York bonds.

BLM statewide bond, started today.

Five-minute application, flat 3%, $275 minimum, soft pull only. Enter the amount the BLM required and e-sign in 1–2 business days.

Your premium @ 3%$15,000
Apply now →