KY individual well plugging bonds.
Flat 3%. Enter your amount.

Before you drill or take over an oil or gas well in Kentucky, the Division of Oil and Gas requires a plugging and abandonment bond on file under KRS 353.590. This is the single-well (individual) bond — we write it at a flat 3% with one soft credit pull. Enter the amount your permit calls for and the premium updates.

Required under KRS 353.590 before a permit is issued or a well is transferred to you
For permits issued after June 27, 2019, the department generally sets the amount at $2 per foot of true vertical well depth — verify the figure on your permit
Soft credit pull only — never affects your score, and the rate stays 3% either way
Flat 3%of your bond amount$275minimum premiumSoft pullnever affects your score
Trusted by industry leaders
NYCEDC
BDG
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps to bonded.

A single-well bond is straightforward — enter your amount, consent to a soft pull, and file with the Division. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

Your operator details, the well, the bond amount your permit requires, and the effective date — plus 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.

SAME / NEXT DAY

File with the Division of Oil and Gas

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

The whole pricing page.

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

$5,000 bond
$275
$10,000 bond
$300
$25,000 bond
$750
About this bond

What it is and who needs it.

What the well plugging bond actually guarantees

Kentucky regulates oil and gas wells through the Department for Natural Resources, Division of Oil and Gas. Under KRS 353.590, a performance bond must be on file before a well is drilled or acquired from another operator — it guarantees that the well will be properly plugged and abandoned and that the required well records are filed.

This is the single-well (individual) bond, covering one specific well rather than a blanket bond covering all of an operator’s wells. For permits issued after June 27, 2019, the department generally requires $2 of bond for every foot of true vertical well depth — so the amount scales with how deep the well goes.

If an operator abandons a well without plugging it, the Commonwealth can forfeit the bond; forfeited sums go to the state oil and gas well plugging fund and are spent plugging abandoned wells. It is not insurance for you — if the surety pays, you repay the surety. Operators who plug their wells and file records treat the bond as a permit formality.

KRS 353.590 (Division of Oil and Gas)KRS 353.590 conditions an oil or gas well permit on a performance bond filed with the Department for Natural Resources, Division of Oil and Gas, guaranteeing proper plugging and abandonment and the filing of well records. For permits issued after June 27, 2019, the department generally requires $2 of bond per foot of true vertical well depth. A blanket bond and other forms of security (cash, letter of credit, CD) are also accepted — confirm your required amount on your permit.

You need this bond if you are

Permitting a new oil or gas well in Kentucky and posting a single-well bond
Acquiring a well from another operator that the Division ties to a bond on file
An operator the Division asked to bond before issuing or renewing a permit
Choosing a single-well bond instead of a blanket bond covering all your wells

Five minutes, soft pull only.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and the executed bond is typically ready within a day.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Kentucky individual well plugging bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is set by the Division of Oil and Gas — for permits issued after June 27, 2019, generally $2 per foot of true vertical well depth. Enter the figure on your permit and the quote updates.
What is the difference between this and a blanket bond? +
This single-well (individual) bond covers one specific well. A blanket bond covers all of an operator’s wells under one bond. Many operators with several wells use a blanket bond instead — tell us which you need and we’ll issue it.
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.
What does the bond guarantee? +
That the well will be properly plugged and abandoned and the required records filed. If an operator abandons a well without plugging it, the Commonwealth can forfeit the bond — and if the surety pays, you repay the surety.
Where do I file it? +
With the Kentucky Department for Natural Resources, Division of Oil and Gas. We issue the executed bond ready to submit before your permit is issued or a well is transferred to you.
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Well plugging bond, sorted today.

Five-minute application, flat 3%, $275 minimum, soft pull only. Enter the amount your permit requires and file with the Division.

Your premium @ 3%$300
Apply now →