Indiana blanket well bonds.
$2,250 flat.
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 $2,250 flat — set by our carrier for this bond. One soft credit pull; the bond is issued when you pay.
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How much does an Indiana blanket well bond cost?
$2,250 at the $45,000 amount, the same for every applicant.
Three steps to a blanket-bonded operation.
One filing covers all your wells. Here is the entire process:
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.
Approved
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
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.
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.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $45,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
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.
What sets the price
The premium is fixed at $2,250 at the $45,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Indiana bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
One bond for every well.
$2,250 flat, short application, bond issued when you pay. Free until issued.