Wyoming idle well blanket bonds.
From $125.
When an operator carries idle wells, wells that have sat inactive past the Commission's threshold, the Wyoming Oil and Gas Conservation Commission (WOGCC) can require an additional blanket bond running to the State of Wyoming. The Commission sets the penal sum. Pricing is 5% of the bond amount plus a $25 fee, $125 minimum.
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How much does a Wyoming idle well blanket bond cost?
5% of the bond amount plus a $25 fee, from $125. Enter your amount in the calculator for the exact price.
Apply to filed without the broker runaround.
An idle-well bond is a financial filing, not a guessing game. Here's the entire process:
Apply online
Your operating entity, the bond amount the Commission required, and the effective date. The only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most clear quickly; if underwriting needs anything for a larger penal sum, you hear from an underwriter within 48 hours. One soft credit pull, never a hard inquiry, and it never affects your score.
File with the Commission
Pay online and receive the executed Owner's Blanket Bond running to the State of Wyoming, ready to file with the WOGCC. Wet-ink originals mailed whenever the Commission insists.
What it is and who needs it.
What the idle well bond actually guarantees
Wyoming regulates oil and gas through the Oil and Gas Conservation Commission, which requires every owner/operator to post a bond running to the State of Wyoming as security against the cost of plugging and reclaiming wells. A blanket bond covers all of an operator's wells regardless of depth or wellbore length.
Idle wells — wells that have produced nothing for an extended period — draw scrutiny because an abandoned, unplugged well is a liability the state can end up paying to clean up. When an operator's idle-well count crosses the Commission's threshold, the WOGCC can require an additional bond on top of the standard blanket, or accept a plan to plug or return a share of idle wells to production each year in lieu of more bonding.
It is not insurance for you. The bond stands behind your plugging and reclamation obligations; if the Commission has to draw on it to plug your wells, you repay the surety. We issue the penal sum the Commission set; pricing is 5% of the bond amount plus a $25 fee, $125 minimum, with a quick soft credit check that never affects your score.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
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.
Renewal and term
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.
How to file it
File with the Commission. Pay online and receive the executed Owner's Blanket Bond running to the State of Wyoming, ready to file with the WOGCC. Wet-ink originals mailed whenever the Commission insists.
What sets the price
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.
One application: approved instantly, or after a quick credit check.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit the penal sum the Commission set and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
Other Wyoming bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Idle well bond, filed without the runaround.
Pricing at 5% of the bond amount plus a $25 fee, $125 minimum, soft pull only — never a hard inquiry. Enter the amount the Commission set and file within 1–2 business days.