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North Dakota blanket oil & gas well bonds.
$5,025 flat.

Instead of bonding each well, a North Dakota operator can file a single $100,000 blanket bond covering multiple wells with the Industrial Commission. Ours is $5,025 — set by our carrier's rate book for this bond, identical for every operator. A quick soft credit check may apply; the bond is issued when you pay.

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Covers multiple wells under one bond filed with the Industrial Commission (Department of Mineral Resources)
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Fixed amount, fixed price — $100,000 blanket bond, $5,025, no quote theater
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One soft credit pull — never a hard inquiry, and it never affects your score
$5,025flat, per year of termInstantissued the moment you paySoft pull onlynever a hard inquiry
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 a North Dakota blanket oil & gas well bond cost?

$5,025 at the $100,000 amount, the same for every applicant.

How it works

Three steps to bonded.

Your drilling permits are waiting on this bond. Here is the whole process — no broker phone tag:

TODAY · ONLINE

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.

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 Industrial Commission

Pay online and receive the executed blanket bond, ready to file with the Department of Mineral Resources to cover your wells. Wet-ink originals mailed whenever the state insists.

About this bond

What it is and who needs it.

What the blanket bond actually guarantees

North Dakota requires every operator to bond its wells before drilling, so the state is never left paying to plug and clean up an abandoned well. The bond is a plugging-and-reclamation guarantee: it endures up to and including approved plugging of all oil, gas, and injection wells and dry holes, plus practical reclamation of the well site.

A blanket bond covers multiple wells under a single instrument in the amount of $100,000 — useful for operators running several wells rather than posting a separate bond for each. It is conditioned on full compliance with N.D.C.C. ch. 38-08 and the rules and orders of the Industrial Commission.

There is a coverage limit: a blanket bond stops covering once more than six problem wells (un-plugged dry holes, un-reclaimed sites, or long-temporarily-abandoned wells) accumulate against it — at which point un-started permits are suspended until the operator cures them or posts more bonding. If the surety pays to plug a well, the operator repays the surety.

N.D. Admin. Code 43-02-03-15North Dakota's oil and gas conservation rules (N.D. Admin. Code 43-02-03-15, under N.D.C.C. ch. 38-08) require a drilling and plugging bond before construction. A blanket bond covering multiple wells is set at $100,000, conditioned on compliance with ch. 38-08 and the Industrial Commission's rules and orders. Coverage is limited once more than six problem wells accrue against the blanket bond. The Commission may require a higher amount based on expected plugging and reclamation cost.

You need this bond if you are

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An operator running several wells who would rather bond them all under one instrument
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Applying for drilling permits that the Industrial Commission conditions on a bond
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Acquiring or transferring wells and re-bonding them in your name
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Replacing an expiring bond to keep your permits and wells continuously covered
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 $100,000 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 Industrial Commission. Pay online and receive the executed blanket bond, ready to file with the Department of Mineral Resources to cover your wells. Wet-ink originals mailed whenever the state insists.

What sets the price

The premium is fixed at $5,025 at the $100,000 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 check. Submit once and your bond is issued when you pay.

Start the application →
FAQ

Common questions.

Do I pay the $100,000?No. You pay $5,025 — the price our carrier sets for this bond. The $100,000 is the surety's maximum liability for plugging and reclamation; it is not a deposit, and nobody holds your money.
When does a blanket bond make sense?When you run more than two or three wells. Rather than posting a separate single-well bond for each, the $100,000 blanket bond covers multiple wells under one instrument — usually cheaper than bonding each well individually.
Who requires this bond?The North Dakota Industrial Commission, through its Department of Mineral Resources, under N.D. Admin. Code 43-02-03-15 and N.D.C.C. ch. 38-08. No active bond, no drilling.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It informs approval; the price stays $5,025 per year of term either way.
What happens if too many wells go un-plugged?A blanket bond stops covering once more than six problem wells accrue against it — un-plugged dry holes, un-reclaimed sites, or long-temporarily-abandoned wells. At that point your un-started permits are suspended until you cure the problem wells or post additional bonding.
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 North Dakota bonds.

Been told you need a different amount?

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

Blanket well bond, ready to file.

$5,025, short application, bond issued when you pay. Free until issued.

Your price$5,025
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