LA multiple wells reclamation bonds.
Flat 3%. Enter your amount.
The blanket financial security a Louisiana operator posts with the Office of Conservation under LAC 43:XIX.104 to guarantee it will plug its wells and restore the sites. The state sets the amount from your well count and location; we issue it at a flat 3% with a single soft credit pull.
Trusted by industry leaders
Apply to filed, no broker phone tag.
Enter the amount the Office of Conservation set, consent once to a soft credit pull, and file. Here is the whole thing:
Apply online
Your business details, the financial security amount the state required, and the effective date — plus a one-time consent to a soft credit pull on larger amounts.
Reviewed & approved
Reclamation bonds run a financial review because the amounts are large. If underwriting needs anything, an underwriter reaches out within 48 hours. The credit check is a soft pull that never affects your score.
File with the Office of Conservation
Receive the executed bond ready to file as your financial security with the Office of Conservation. Wet-ink originals mailed whenever the agency insists on them.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the financial security figure the Office of Conservation set and the premium updates.
What it is and who needs it.
What the reclamation bond actually guarantees
Louisiana's Office of Conservation (now within the Department of Energy and Natural Resources) requires every oil and gas operator to post financial security under LAC 43:XIX.104, authorized by La. R.S. 30:4. It guarantees the operator's duty to plug each well and restore the site — so the state, and the public, are not left holding an orphaned well.
Because it covers all the wells you operate, this is a blanket bond. For land wells the tiers are $50,000 for 10 or fewer wells, $250,000 for 11–99, and $500,000 for 100 or more. Inland water and offshore wells carry higher tiers — and the commissioner can increase the amount at his discretion. Operators can alternatively post an individual per-well amount based on well depth.
It is a three-party guarantee, not insurance for you: if the surety has to pay the state to plug your wells, you repay the surety. The security must stay in force for the life of your permits. Acceptable instruments include a performance bond, a letter of credit, or a pledged certificate of deposit — we write the surety bond form.
You need this bond if you are
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Reclamation bonds run a financial review because the amounts are large — submit once and an underwriter follows up within 48 hours if anything else is needed.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Louisiana multiple wells reclamation bond? +
Do I pay the full bond amount? +
Who requires this bond? +
Is there a credit check? +
What amount should I choose if I am not sure? +
Other New York bonds.
Reclamation security, filed without the phone tag.
Flat 3%, $275 minimum, one soft credit pull. Enter the amount the Office of Conservation set and file your financial security.