IL oil & gas well bonds.
Flat 3%. Enter your amount.

Before you drill, deepen, convert, or operate an oil or gas well in Illinois, the Department of Natural Resources requires a plugging bond so every well is eventually sealed. A blanket bond covers all of your wells at once. We issue it at a flat 3% — one soft credit pull, never affecting your score.

Required by the DNR Office of Oil & Gas Resource Management under the Illinois Oil and Gas Act
A blanket bond covers every well you operate instead of a separate bond per well
Soft credit pull only — never affects your score, and the rate stays a flat 3% either way
Flat 3%of your bond amount$275minimum premiumSoft pullnever affects your score
Trusted by industry leaders
NYCEDC
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in a couple of days.

Well plugging bonds run one quick soft-pull review. Here is the whole process — no broker phone tag:

TODAY · 5 MINUTES

Apply online

Your operator details, the bond amount the DNR requires, and the effective date — plus a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.

1–2 BUSINESS DAYS

E-sign & file with the DNR

Pay online and receive the executed blanket bond, ready to file with the Office of Oil & Gas Resource Management. Wet-ink originals mailed whenever the state insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the DNR requires and the premium updates.

$5,000 bond
$275
$50,000 bond
$1,500
$100,000 blanket
$3,000
About this bond

What it is and who needs it.

What the well bond actually covers

The Illinois Oil and Gas Act (225 ILCS 725) requires an operator to file a plugging bond before drilling, deepening, converting, or operating any oil or gas well. The bond stands behind the operator's duty to properly plug and abandon every well at the end of its life, so an orphaned well doesn't become the state's problem.

Under the Act, you can file up to $5,000 per well, or a blanket bond not exceeding $100,000 covering all of your wells. The blanket bond is what most operators carry — one filing for your whole field instead of a bond for every well.

In lieu of a surety bond, the Act lets you post cash, a certificate of deposit, or an irrevocable letter of credit — but a surety bond is usually the cheapest, since you pay the 3% premium rather than tying up the full amount. If you don't plug a well, the DNR can recover against the bond, and if the surety pays, you repay the surety.

225 ILCS 725/6 (Illinois Oil and Gas Act)Under the Illinois Oil and Gas Act (225 ILCS 725), an operator must file a plugging bond before drilling, deepening, converting, or operating an oil or gas well — up to $5,000 per well, or a blanket bond not exceeding $100,000 for all wells, with the Department of Natural Resources. Cash, a certificate of deposit, or an irrevocable letter of credit may be posted in lieu of a surety bond. Confirm your required amount with the DNR.

You need this bond if you are

Drilling a new oil or gas well that the DNR permits under the Oil and Gas Act
Operating producing wells and must keep a plugging bond on file for them
Running multiple wells and want one blanket bond instead of many
Deepening or converting a well that triggers the bonding requirement

Five minutes, then a quick review.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your blanket 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 Illinois oil and gas well bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is set by the Oil and Gas Act — up to $5,000 per well, or a blanket bond not exceeding $100,000 for all of your wells. Enter the figure that applies and the quote updates.
Should I get a single-well or a blanket bond? +
A single bond (up to $5,000) covers one well; the blanket bond (up to $100,000) covers all of your wells at once. Operators with more than a couple of wells almost always file the blanket bond.
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. Credit can affect whether we approve the bond, never what it costs.
Can I post cash or a letter of credit instead? +
The Act allows cash, a certificate of deposit, or an irrevocable letter of credit in lieu of a surety bond. A surety bond is usually cheapest, since you pay the 3% premium rather than locking up the full amount as collateral.
Does the bond ever cancel? +
No — the plugging bond must stay in place for the life of the wells it covers and generally cannot be canceled. The premium renews annually until the wells are plugged and the DNR releases the bond. We track renewals and notify you ahead of time.
Related bonds

Other New York bonds.

Well plugging bond, in a couple of days.

Five-minute application, flat 3%, $275 minimum, soft pull only. Enter the amount the DNR required and file this week.

Your premium @ 3%$3,000
Apply now →