IN blanket well bonds.
$1,350 flat. Soft pull.

One bond for every well you operate. Indiana’s $45,000 blanket plugging bond covers all of an operator’s oil and gas wells under IC 14-37-6, filed with the DNR Division of Oil and Gas. Ours is $1,350 flat — 3% of the bond amount. One soft credit pull, e-signed in 1–2 business days.

Covers all of an operator’s wells under one filing, instead of a $2,500 bond per well
Fixed $45,000 bond, $1,350 — the flat 3%, same price for every operator
Soft credit pull only — never affects your score, and the rate stays 3% either way
$1,350flat (3% of amount)1–2 daystypical issuance1–3 yrterms available
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 blanket-bonded operation.

One filing covers all your wells. Here is the entire process:

TODAY · 5 MINUTES

Apply once, online

Business details, the county where you operate, and an effective date. The only extra step is 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

File with the DNR

Pay online and receive the executed blanket bond, ready to file with the Division of Oil and Gas. Wet-ink originals mailed whenever the agency insists.

The whole pricing page.

$45,000 bond × 3% = $1,350, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$1,350
2-year term
$2,700
3-year term
$4,050
About this bond

What it is and who needs it.

What the blanket bond actually guarantees

Indiana regulates oil and gas wells through the DNR Division of Oil and Gas under IC 14-37 and 312 IAC 29. Rather than posting a $2,500 bond for each well, an operator can file a single $45,000 blanket bond that covers all of its wells — the figure set by the General Assembly's update to the IC 14-37-6 bonding provisions.

Like the single-well bond, it guarantees compliance with the plugging and abandonment rules: plugging the wells, filling excavations, removing concrete bases and discarded materials, cutting surface casing at least 36 inches below grade, and restoring the surface to its former condition.

The blanket bond stays effective until the Natural Resources Commission determines the covered wells have been properly plugged and abandoned in accordance with IC 14-37, 312 IAC 29, the permit terms, and Commission orders. If the surety pays to plug your wells, you repay the surety.

IC 14-37-6 (312 IAC 29)Indiana Code 14-37-6, as updated by the General Assembly, sets the blanket oil-and-gas plugging bond at $45,000 (and the single-well bond at $2,500). Filed with the DNR Division of Oil and Gas, the blanket bond covers all of an operator's wells and guarantees compliance with the plugging-and-abandonment requirements of IC 14-37 and 312 IAC 29 until the Natural Resources Commission determines the wells are properly plugged and abandoned.

You need this bond if you are

An operator with several wells for whom one blanket bond beats a $2,500 bond per well
Acquiring a field and posting blanket coverage for the whole operation
Drilling multiple new wells under a single bonding arrangement
Switching from per-well bonds to consolidate under one filing

Five minutes. The whole thing.

These are the actual underwriting fields, including 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 Indiana blanket well bond? +
The premium is $1,350 — a flat 3% of the fixed $45,000 bond amount, the same for every operator. The $45,000 is set by the bonding rules, so there is no quote process.
Do I pay the $45,000? +
No. You pay $1,350. The $45,000 is the surety's maximum liability to the state across all your covered wells — it is not a deposit, and nobody holds your money.
Blanket or single-well? +
The $45,000 blanket bond covers all of your wells under one filing; the $2,500 single-well bond covers just one. If you operate more than about 18 wells, the blanket is cheaper than per-well bonds. We write both.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price: the premium stays a flat 3% regardless of credit.
When does it renew? +
The bond must stay effective until the Natural Resources Commission determines your covered wells are properly plugged and abandoned. Buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out.
Related bonds

Other New York bonds.

One bond for every well.

$1,350 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.

Your premium @ 3%$1,350
Apply now →