IN single well plugging bonds.
$275 flat. Soft pull.

Before the Indiana DNR Division of Oil and Gas issues a permit, it requires a bond guaranteeing you will plug and abandon the well and restore the site. The per-well amount is $2,500, and at our flat 3% that lands at our $275 minimum — one soft credit pull, e-signed in 1–2 business days.

Required by the DNR Division of Oil and Gas to permit an oil or gas well under IC 14-37-6
$2,500 per single well — or a $45,000 blanket bond covers any number of wells
Soft credit pull only — never affects your score, and the rate stays 3% either way
A-ratedA.M. Best carriers1–2 daystypical issuance$275flat minimum
Trusted by industry leaders
NYCEDC
BDG
Capital
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Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps to permitted.

Your DNR permit is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · 5 MINUTES

Apply once, online

Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Most of these 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 bond ready to file with the Division of Oil and Gas alongside your permit application. Wet-ink originals mailed whenever the state insists.

The whole pricing page.

$2,500 bond × 3% = $75, which is below our $275 minimum — so the premium is $275, one-time per term.

1-year term
$275
2-year term
$550
3-year term
$825
About this bond

What it is and who needs it.

What the bond actually guarantees

Indiana's Department of Natural Resources, Division of Oil and Gas conditions every well permit on a bond under IC 14-37-6 and 312 IAC 29-12. The bond is a performance guarantee to the state: it backs your obligation to plug the well, fill excavations, remove concrete bases and equipment, cut surface casing at least thirty-six inches below grade, and restore the surface.

For a single well the bond is $2,500. Operators with multiple wells can instead post a blanket bond of $45,000 covering any number of wells, or a bond sized to the number of wells at $2,500 each — choose whichever fits your operation.

The bond stays in force from filing until the Natural Resources Commission determines the well has been properly plugged and abandoned (or converted to a fresh-water well, or replaced by a substitute bond). If you fail to plug and restore, the state can recover against it — and if the surety pays, you repay the surety.

IC 14-37-6-1 (312 IAC 29-12)Under IC 14-37-6-1 and 312 IAC 29-12, an oil or gas well permit applicant must file a bond of $2,500 for a single well, a bond covering multiple wells at $2,500 each, or a $45,000 blanket bond for any number of wells. The bond guarantees plugging, abandonment, and surface restoration per IC 14-37, and remains effective until the Natural Resources Commission determines the well is properly plugged or a substitute bond is filed.

You need this bond if you're

Permitting a new oil or gas well with the DNR Division of Oil and Gas
An operator with a single well choosing the $2,500 per-well bond
Taking over an existing well and posting your own plugging bond
Replacing a prior surety that non-renewed before the well was plugged

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 single well plugging bond? +
The bond amount is $2,500 per well. At our flat 3% that is $75 — below our $275 minimum — so the premium is $275, the same for every operator. You do not pay the $2,500; that is the surety's maximum liability to the state.
When can I use a blanket bond instead? +
If you operate multiple wells, a $45,000 blanket bond covers any number of wells under IC 14-37-6 — often cheaper than per-well bonds once you have many wells. Ask us and we will quote the blanket option.
What does the bond guarantee? +
That you plug and abandon the well properly — filling excavations, removing equipment, cutting surface casing below grade, and restoring the surface — under IC 14-37. If you do not, the DNR can recover against the bond, and you repay the surety.
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, subject to the $275 minimum.
When does the bond end? +
It stays in force until the Natural Resources Commission determines the well has been properly plugged and abandoned (or converted to a fresh-water well, or replaced by a substitute bond). It is not just an annual term — it tracks the life of the well.
Related bonds

Other New York bonds.

Your DNR permit is waiting on one document.

$275 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.

Your premium @ 3%$275
Apply now →