A lessee of state mineral lands files a bond with the Office of State Lands and Investments backing the lease — rent, royalty, and reclamation — under the Board of Land Commissioners rules (W.S. Title 36, Chapter 6). We issue it at a flat 3%, with a soft credit pull that never affects price.
















Most mineral lessee bonds issue quickly after a soft credit pull. Here is the whole thing:
Your business details, the lease (serial number and dates), the bond amount, and the effective date — plus a one-time consent to a soft credit pull.
Most clear quickly; if underwriting needs anything, an underwriter reaches out within 48 hours. The soft pull never affects your credit score.
Receive the executed bond, ready to file with your state mineral lease. Wet-ink original mailed on request.
Bond amount × 3% = your premium, one-time per term, $275 minimum. Enter the figure the Office of State Lands set and the premium updates.
Wyoming leases its state trust and school lands for oil, gas, and solid minerals through the Office of State Lands and Investments and the Board of Land Commissioners, under W.S. Title 36, Chapter 6. A lessee files a bond as a condition of the lease.
The bond of lessee backs the lessee's obligations under the lease — paying rent and royalty on production, and operating, plugging, and reclaiming the site so the land is not left damaged. If the lessee defaults, the state can recover against the bond.
The required amount is set by the Board of Land Commissioners rules (Chapter 18 for oil and gas leases), and can vary with the lease and operations. It is not insurance for the lessee — if the surety pays, the lessee repays the surety. Confirm your amount with the Office of State Lands and we issue it at a flat 3%.
These are the actual underwriting fields, including the lease details 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 →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum. Enter the amount the Office of State Lands set and file the same day.