KRS 353.590 conditions an oil or gas well permit on a performance bond filed with the Department for Natural Resources, Division of Oil and Gas, guaranteeing proper plugging and abandonment and the filing of well records. For permits issued after June 27, 2019, the department generally requires $2 of bond per foot of true vertical well depth. A blanket bond and other forms of security (cash, letter of credit, CD) are also accepted — confirm your required amount on your permit.

What the well plugging bond actually guarantees

You need this bond if you are

Your well plugging bond application is in review — most clear within a day, and an underwriter reaches out within 48 hours if anything else is needed. Watch your inbox.

Kentucky well plugging bond: 5% of the bond amount plus a $25 fee, $125 minimum. Required by the Division of Oil and Gas before you drill. Apply now.

Well Plugging or Abandonment Bond (Individual)

Kentucky Dept. of Natural Resources - INDIVIDUAL Well Plugging or Abandonment

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

All future bond correspondence and renewals will be sent to this address

Clear pricing.Instant issuance.