MS oil & gas well bonds.
Flat 3%. Enter your amount.
Before drilling, an operator must give the Mississippi State Oil and Gas Board proof of financial responsibility guaranteeing that each well will be properly plugged and abandoned. The Board sets the amount by depth, number, and location of wells — a blanket bond is commonly $100,000. We issue it at a flat 3% with a soft credit pull.
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Three steps to bonded.
Your drilling permit is waiting on proof of financial responsibility. Here's the entire process:
Apply once, online
Your business details, the bond amount the Board requires, and the effective date — plus a one-time consent to a soft credit pull.
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.
E-sign & file with the Board
Pay online and receive the executed bond ready to file with the State Oil and Gas Board for your well permit. Wet-ink originals mailed whenever the Board insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the Board requires and the premium updates.
What it is and who needs it.
What the performance bond actually covers
Mississippi regulates oil and gas drilling through the State Oil and Gas Board under Miss. Code Title 53. Before drilling, an operator must give the Board adequate proof of financial responsibility in a form the Board accepts, conditioned for the performance of the operator’s duties — chiefly the duty to properly plug each dry or abandoned well so it does not become an environmental liability.
The bond amount is based on the depth and number of wells and whether the well is on land or in offshore waters. Operators with many wells often post a blanket bond, commonly $100,000, rather than bonding each well individually. The Board can require additional financial responsibility if it deems the minimum insufficient (Miss. Code § 53-1-17).
If an operator fails to plug a well, the Board can use the bond to cover the work — and if the surety pays, the operator repays the surety. Enter the amount the Board requires and we issue the bond at a flat 3% with a soft credit pull that never affects your score.
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. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Mississippi oil and gas well bond? +
What does the bond guarantee? +
How is my bond amount determined? +
Is there a credit check? +
Should I bond per well or get a blanket bond? +
Other New York bonds.
Well performance bond, issued this week.
Five-minute application, flat 3%, $275 minimum, soft pull. Enter the amount the Board requires and file with your permit.