Indiana blanket well bonds.
$2,250 flat.

One bond for every well you operate. Indiana’s $45,000 blanket plugging bond covers all of an operator’s oil and gas wells under IC 14-37-6, filed with the DNR Division of Oil and Gas. Ours is $2,250 flat — set by our carrier for this bond. One soft credit pull; the bond is issued when you pay.

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Covers all of an operator’s wells under one filing, instead of a $2,500 bond per well

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Fixed $45,000 bond, $2,250 — the price you see is the checkout price, same for every operator

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Soft credit pull only — never affects your score, and the rate stays the same either way

$2,250flat, issued instantlyInstantissued the moment you pay1–3 yrterms available

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How it works

Three steps to a blanket-bonded operation.

One filing covers all your wells. Here is the entire process:

TODAY · ONLINE

Apply once, online

Business details, the county where you operate, and an effective date. The only extra step is a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

File with the DNR

Pay online and receive the executed blanket bond, ready to file with the Division of Oil and Gas. Wet-ink originals mailed whenever the agency insists.

About this bond

What it is and who needs it.

What the blanket bond actually guarantees

Indiana regulates oil and gas wells through the DNR Division of Oil and Gas under IC 14-37 and 312 IAC 29. Rather than posting a $2,500 bond for each well, an operator can file a single $45,000 blanket bond that covers all of its wells — the figure set by the General Assembly's update to the IC 14-37-6 bonding provisions.

Like the single-well bond, it guarantees compliance with the plugging and abandonment rules: plugging the wells, filling excavations, removing concrete bases and discarded materials, cutting surface casing at least 36 inches below grade, and restoring the surface to its former condition.

The blanket bond stays effective until the Natural Resources Commission determines the covered wells have been properly plugged and abandoned in accordance with IC 14-37, 312 IAC 29, the permit terms, and Commission orders. If the surety pays to plug your wells, you repay the surety.

IC 14-37-6 (312 IAC 29)Indiana Code 14-37-6, as updated by the General Assembly, sets the blanket oil-and-gas plugging bond at $45,000 (and the single-well bond at $2,500). Filed with the DNR Division of Oil and Gas, the blanket bond covers all of an operator's wells and guarantees compliance with the plugging-and-abandonment requirements of IC 14-37 and 312 IAC 29 until the Natural Resources Commission determines the wells are properly plugged and abandoned.

You need this bond if you are

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An operator with several wells for whom one blanket bond beats a $2,500 bond per well

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Acquiring a field and posting blanket coverage for the whole operation

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Drilling multiple new wells under a single bonding arrangement

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Switching from per-well bonds to consolidate under one filing

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.

Start the application →

FAQ

Common questions.

How much is the Indiana blanket well bond?The premium is $2,250 flat, set by our carrier's rate book for the fixed $45,000 bond amount — the same for every operator. There is no quote process.

Do I pay the $45,000?No. You pay $2,250. The $45,000 is the surety's maximum liability to the state across all your covered wells — it is not a deposit, and nobody holds your money.

Blanket or single-well?The $45,000 blanket bond covers all of your wells under one filing; the $2,500 single-well bond covers just one. If you operate more than about 18 wells, the blanket is cheaper than per-well bonds. We write both.

Is there a credit check?A quick soft credit check may apply — it never affects your score and never a hard inquiry. It informs approval, not price: the premium stays $2,250 flat regardless of credit.

When does it renew?The bond must stay effective until the Natural Resources Commission determines your covered wells are properly plugged and abandoned. Buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

Related bonds

Other Indiana bonds.

One bond for every well.

$2,250 flat, short application, bond issued when you pay. Free until issued.

Start application

Your price$2,250

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