Before the Division of Gas and Oil issues a permit for a single gas or oil well, Virginia requires a bond under Code of Virginia § 45.2-1633 guaranteeing the well is properly plugged and the site reclaimed. Premiums start from $225 at the $10,000 statutory minimum — your exact price is 2% of the bond amount plus a $25 fee, shown at the application. A quick soft credit check may apply and never affects your score.
















Your single-well permit is waiting on this bond. Here is the whole process — no broker phone tag:
Your business details, the bond amount your permit requires, and the effective date — that is the application. A quick soft credit check may apply and never affects your score.
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. Any credit check is a soft pull that never affects your score.
Receive the executed bond ready to file with your permit application under § 45.2-1633. Wet-ink originals mailed whenever the Division insists.
Virginia regulates gas and oil operations through the Department of Energy’s Division of Gas and Oil under the Virginia Gas and Oil Act. Before a permit issues, Code of Virginia § 45.2-1633 conditions it on a bond guaranteeing that the operator will properly plug the well and reclaim the disturbed surface if it walks away.
For a single well, the statute sets the bond at not less than $10,000 per well, plus $2,000 for each acre of disturbed land, measured to the nearest tenth of an acre. The Division may require additional security for wells proposed in Tidewater Virginia. The form on your application asks for the dollar amount of the stabilized project area, which is how that acreage figure is calculated.
It is not insurance for you. If the Division has to plug the well or reclaim the site and recovers against the bond, you repay the surety. Operators who plug and reclaim on schedule treat the bond as a permit formality.
These are the actual underwriting fields, including a quick soft credit check that never affects your score. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Premiums from $225, soft pull only. Enter the amount your permit requires and file in short order.