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A Texas Railroad Commission waste-facility permittee must maintain financial security equal to the cost of closing the facility under 16 TAC §3.78. The Commission sets the amount on your permit. Pricing is 5% of that amount plus a $25 fee, $125 minimum — your exact price appears at the application.
















Enter the closure amount from your permit, consent to a soft pull, and you have the executed closure bond. Here is the whole thing:
Your operator details, the facility, the closure bond amount from your permit, and the effective date — plus a one-time soft-pull consent.
Smaller amounts clear quickly; larger closure bonds may get an underwriter review within 48 hours. One soft credit pull, never a hard inquiry, and it never affects your score.
Submit the executed bond as the financial security for your facility permit. Wet-ink originals mailed whenever the Commission insists.
The Texas Railroad Commission regulates oil-and-gas waste facilities under its environmental rules. Under 16 Texas Administrative Code §3.78 (Statewide Rule 78), a permittee operating a commercial or permitted waste facility must maintain financial security until the facility is fully closed in accordance with the permit.
The required amount equals the maximum cost necessary to close the facility — the Commission sets it on the permit and reserves the right to revise it as conditions change. The bond ensures that if the operator does not close the facility properly, the state has the funds to do it. It protects the State of Texas, not the operator.
Because the figure is permit-specific, we price whatever closure amount your permit names at 5% of that amount plus a $25 fee, $125 minimum, via a soft credit pull that never affects your score. If the surety ever has to fund closure, you repay the surety; it is a guarantee to the state, not insurance for the permittee.
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 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
File with the Railroad Commission. Submit the executed bond as the financial security for your facility permit. Wet-ink originals mailed whenever the Commission insists.
The premium is 5% of the bond amount plus a $25 fee, $125 minimum: the amount the obligee sets moves the price, not 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.
These are the actual underwriting fields, including a one-time soft-pull consent. Enter the closure amount the Commission set on your permit.
Start the application →Price and requirements checked on the carrier’s application, . Page updated .
Pricing from $125. Enter the closure amount on your permit and see your exact price before filing with the Railroad Commission.