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Ohio blanket well bonds.
$750.

Ohio lets an owner cover all of their oil & gas wells with one $15,000 blanket bond instead of bonding each well separately. It’s filed with the ODNR Division of Oil and Gas Resources Management, and ours is $750 — set by our carrier’s rate book for this bond, the price you see is the checkout price.

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Covers every well you operate — one $15,000 blanket bond instead of a $5,000 bond per well
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Filed with the ODNR Division of Oil and Gas Resources Management under ORC 1509.07
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One soft credit pull — never a hard inquiry, and it never affects your score
A-ratedA.M. Best carriersSoft pull onlynever a hard inquiry1–3 yrterms available
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 an Ohio blanket well bond cost?

$750 at the $15,000 amount, the same for every applicant.

How it works

Three steps to filed.

Your permit or operating status is waiting on this bond. Here’s the whole process:

TODAY · ONLINE

Apply once, online

Operator details, owner information, effective date. 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

E-sign & file with ODNR

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

About this bond

What it is and who needs it.

What the blanket well bond actually guarantees

Ohio regulates oil & gas wells through the ODNR Division of Oil and Gas Resources Management. Under ORC 1509.07, an owner must file a surety bond — conditioned on restoring the site, properly plugging the well, and complying with the permit — before a permit is issued or the well is operated.

The blanket bond is $15,000 and covers all of an owner’s wells at once, set by Ohio Administrative Code 1501:9-1-03. The alternative is a $5,000 individual bond per well, so the blanket option is the practical choice for anyone operating more than two or three wells.

It is not insurance for you — if the state forfeits the bond and uses it to plug or restore a well you abandoned, you repay the surety. Operators who plug and restore on schedule treat the bond as a permit formality. We track it and notify you 60 and 30 days before expiration so your filing stays continuous.

ORC 1509.07 / OAC 1501:9-1-03Ohio Revised Code 1509.07 requires an oil & gas well owner to file a surety bond with the ODNR Division of Oil and Gas Resources Management, conditioned on restoration, plugging, and permit compliance, in an amount set by rule of the chief. Ohio Administrative Code 1501:9-1-03 sets the amounts at $5,000 for an individual bond covering a single well and $15,000 for a blanket bond covering all of the owner’s wells. Confirm the figure on your permit paperwork.

You need this bond if you're

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An owner operating multiple wells — one $15,000 blanket bond covers them all
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Applying for drilling permits from the Division of Oil and Gas Resources Management
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Acquiring existing wells and re-bonding them in your name
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Replacing a non-renewed bond to keep your wells in compliance
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 $15,000 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

E-sign & file with ODNR. Pay online and receive the executed blanket bond ready to file with the Division of Oil and Gas Resources Management. Wet-ink originals mailed whenever the Division insists.

What sets the price

The premium is fixed at $750 at the $15,000 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 pull. Submit once and your bond is issued when you pay.

Start the application →
FAQ

Common questions.

How much is the Ohio blanket well bond?The premium is $750 — set by our carrier’s rate book for this specific bond, the same for every operator. The $15,000 bond amount is set by Ohio Administrative Code 1501:9-1-03, so there is no quote process.
Blanket bond or individual well bond?The blanket bond is $15,000 and covers every well you operate; the individual bond is $5,000 and covers one well. If you run more than two or three wells, the blanket bond is almost always the cheaper path — one bond instead of many.
Do I pay the $15,000?No. You pay $750. The $15,000 is the surety's maximum liability to the state if your bond is forfeited — it's not a deposit, and nobody holds your money.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It informs approval, not price. The price stays $750 either way.
When does it renew?Terms run 1, 2, or 3 years — your choice at purchase. We send renewal notices 60 and 30 days out, with autopay available, so your ODNR filing stays continuous.
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.
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Other Ohio bonds.

Been told you need a different amount?

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

One bond covers every well.

$750, short application, bond issued when you pay. Free until issued.

Your price$750
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