When you lease state-owned land or minerals from the Commissioners of the Land Office (CLO), the lease can require a performance bond securing your obligations — rentals, royalties, and restoration. The CLO sets the amount on your lease or contract; we issue it at a flat 3%, $275 minimum, soft pull only.
















Your CLO lease is waiting on this bond. Here is the whole process — no broker phone tag:
Your details, the lease and contract numbers, the agreement date, and the bond amount the CLO set — plus a one-time consent to a soft credit pull.
Most 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.
Receive the executed performance bond ready to file with the Commissioners of the Land Office for your lease. Wet-ink originals mailed whenever the CLO insists.
Bond amount × 3% = your premium, one-time per term, $275 minimum. Enter the amount the CLO set on your lease and the premium updates.
The Commissioners of the Land Office (CLO) manages Oklahoma's school-trust lands — roughly a million surface acres and over a million mineral acres — and leases them for agriculture, grazing, commercial use, and oil and gas. When you take a lease, the CLO can require a performance bond securing your obligations under it.
Depending on the lease, the bond backs payment of rentals and royalties, faithful performance of the lease terms, and restoration of the land — for example, a CLO oil and gas, salt water, or tank battery lease carries a performance bond for plugging and surface restoration. The beneficiary is the CLO, on behalf of the school-land trust.
The amount is set by the CLO on your specific lease, not by a single statewide figure — enter the number on your lease or contract. It is a three-party guarantee, not insurance for you: if the surety pays a claim, you repay the surety.
These are the actual underwriting fields, including your lease details and a one-time soft credit pull. Submit once and the bond is typically issued within 1–2 business days.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Flat 3%, $275 minimum, soft pull only. Enter the amount the Land Office set and file with your lease.