Not in Indiana? Browse bonds by state

Indiana single well plugging bonds.
$150 flat.

To get a permit for a single oil or gas well, Indiana requires a $2,500 plugging bond filed with the DNR Division of Oil and Gas under IC 14-37-6. Ours is $150 flat — set by our carrier for this bond. A quick soft credit check may apply and never affects your score; the bond is issued when you pay.

✓
Required for a single-well permit under IC 14-37-6 and 312 IAC 29
✓
Fixed $2,500 bond, $150 — the price you see is the checkout price, same for every operator
✓
One soft credit pull — never a hard inquiry, and it never affects your score
$150flat, issued instantlyInstantissued the moment you pay1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Indiana single well plugging bond cost?

$150 at the $2,500 amount, the same for every applicant.

How it works

Three steps to a bonded well.

Your single-well permit is waiting on this bond. Here is the entire process:

TODAY · ONLINE

Apply once, online

Business details, the county where the well sits, and an effective date. The only extra step is a one-time consent to a soft credit pull.

RIGHT AWAY

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.

WHEN YOU PAY

File with the DNR

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

About this bond

What it is and who needs it.

What the 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. A permittee must file a plugging bond before drilling, deepening, converting, or operating a well — the single-well bond is $2,500 following the General Assembly's update to the IC 14-37-6 bonding provisions.

The bond guarantees compliance with the plugging and abandonment rules: plugging the well, filling excavations, removing concrete bases and discarded materials, cutting surface casing at least 36 inches below grade, and restoring the surface as nearly as possible to its former condition.

It stays effective from filing until the Natural Resources Commission determines the well has been properly plugged and abandoned in accordance with IC 14-37, 312 IAC 29, the permit terms, and Commission orders. It is a guarantee to the state — if the surety pays to plug your well, you repay the surety.

IC 14-37-6 (312 IAC 29)Indiana Code 14-37-6, as updated by the General Assembly, sets the single-well plugging bond at $2,500 (and the blanket bond at $45,000). The bond, filed with the DNR Division of Oil and Gas, guarantees compliance with the plugging-and-abandonment requirements of IC 14-37 and 312 IAC 29 and stays effective until the Natural Resources Commission determines the well has been properly plugged and abandoned.

You need this bond if you are

✓
Permitting a single oil or gas well with the DNR Division of Oil and Gas
✓
Taking over an existing well and posting your own plugging bond
✓
An operator with one or a few wells for whom the per-well bond beats the blanket
✓
Reinstating a permit after a bond lapsed or was cancelled
After you buy

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 $2,500 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 bond, ready to file with your Division of Oil and Gas permit application. Wet-ink originals mailed whenever the agency insists.

What sets the price

The premium is fixed at $150 at the $2,500 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 →
FAQ

Common questions.

How much is the Indiana single-well plugging bond?The premium is $150 flat, set by our carrier's rate book for this bond — the same price for every operator, one-year term.
Do I pay the $2,500?No. You pay $150. The $2,500 is the surety's maximum liability to the state if your well isn't properly plugged — it is not a deposit, and nobody holds your money.
Single bond or blanket bond?The $2,500 single-well bond covers one well. If you operate several wells, the $45,000 blanket bond covers all of them under one filing and is usually cheaper per well. We write both.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It informs approval, not price: the premium stays $150 flat regardless of credit.
When does it renew?The bond must stay effective until the Natural Resources Commission determines the well is properly plugged and abandoned. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Indiana bonds.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

The DNR is waiting on one document.

$150 flat, short application, bond issued when you pay. Free until issued.

Your price$150
Apply now →