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Reclamation / Mining / Oil & Gas Bond
Mining reclamation and well closure have different assets and work plans.
7 bonds
Purpose
Mining reclamation and well closure have different assets and work plans. The obligation may concern reclamation, restoration, closure, or compliance with a specified resource-use permit.
Who needs it
Site operators, permit holders, and contractors responsible for environmental work or resource use.
Who it protects
Financial assurance for a named obligation is distinct from pollution liability insurance. The permit and approved plan determine the work being secured.
Category
Reclamation / Mining / Oil & Gas Bond bonds
- Arkansas — Oil & Gas Commission Drilling Permit BondArkansas · Environmental & natural resources
- Illinois — Blanket Coal, Structure or Groundwater Drilling Holes BondIllinois · Environmental & natural resources
- Indiana — Blanket Well - Dept of Natural Resources BondIndiana · Environmental & natural resources
- Ohio — Individual bond for One WellOhio · Environmental & natural resources
- South Carolina — Reclamation BondSouth Carolina · Environmental & natural resources
- Texas — Railroad Commission Facility Closure BondTexas · Environmental & natural resources
- Texas — Railroad Commission P-5 Operator Performance BondTexas · Environmental & natural resources
Before you buy
- Bring the permit and the relevant reclamation or plugging plan.
- Collect the permit, site description, and restoration or closure plan.
- Identify who must approve the work and release the financial assurance.
Common questions
Does the obligation concern a mine, well, or another extraction site?
Bring the permit and the relevant reclamation or plugging plan. Compare that information with the exact capacity, activity and obligee named in the written request. Similar catalog labels do not establish an interchangeable form.
Is a type guide the bond I should purchase?
A type guide explains the activity. Choose a jurisdiction-associated parent listing and compare its actual source options with your written requirement; the type page is not a purchasable form.