OK oil & gas plugging bonds.
Flat 3%. Enter your amount.
Oklahoma oil and gas operators show financial responsibility for plugging their wells to the Corporation Commission under 52 O.S. §318.1. A blanket surety bond is one accepted form — generally $25,000, raised up to $100,000 for cause. We issue it at a flat 3% with one soft credit pull.
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Three steps to filed.
Your operator paperwork is waiting on this bond. Here's the entire process:
Apply online
Your business details, mailing address, the bond amount the Commission requires, and the effective date — that is the application, plus a one-time consent to a soft credit pull.
Reviewed & approved
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.
E-sign & file with the Corporation Commission
Pay online and receive the executed blanket surety bond ready to file as proof of financial responsibility. Wet-ink originals mailed whenever the Commission insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the amount the Commission required and the premium updates.
What it is and who needs it.
What the plugging bond actually covers
The Oklahoma Corporation Commission regulates oil and gas wells and requires operators to demonstrate financial responsibility for plugging wells and cleaning up sites when they are done. Under 52 O.S. §318.1, an operator agrees to comply with drilling and plugging rules and provides surety to back that promise.
The statute recognizes two categories. Category A is a financial statement proving a net worth of at least $50,000. Category B is a posted security — an irrevocable letter of credit, cash, a cashier’s check, a certificate of deposit, or a blanket surety bond. The blanket surety bond is generally $25,000.
For good cause shown concerning pollution or improper plugging, the Commission can require additional Category B surety greater than $25,000 but not exceeding $100,000. The bond is conditioned on the operator plugging and abandoning wells, closing surface impoundments, and removing trash and equipment per state law. If the surety pays, you repay the surety. We issue your amount at a flat 3% with one soft credit pull.
You need this bond if you are
Five minutes. The whole thing.
These are the actual underwriting fields, including your mailing address and 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.
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Other New York bonds.
Plugging bond, issued this week.
Five-minute application, flat 3%, $275 minimum, soft pull only. Enter the amount the Commission required and file as proof of financial responsibility.