The blanket financial security a Louisiana operator posts with the Office of Conservation under LAC 43:XIX.104 to guarantee it will plug its wells and restore the sites. The state sets the amount from your well count and location; because reclamation amounts run large, we underwrite the premium on review rather than quoting it upfront.
















Enter the amount the Office of Conservation set, consent once to a soft credit pull, and file. Here is the whole thing:
Your business details, the financial security amount the state required, and the effective date — plus a one-time consent to a soft credit check on larger amounts.
Reclamation bonds run a financial review because the amounts are large, and your premium is set on that review. An underwriter reaches out within 48 hours with your quote. If a credit check runs, it is a soft pull that never affects your score.
Receive the executed bond ready to file as your financial security with the Office of Conservation. Wet-ink originals mailed whenever the agency insists on them.
Louisiana's Office of Conservation (now within the Department of Energy and Natural Resources) requires every oil and gas operator to post financial security under LAC 43:XIX.104, authorized by La. R.S. 30:4. It guarantees the operator's duty to plug each well and restore the site — so the state, and the public, are not left holding an orphaned well.
Because it covers all the wells you operate, this is a blanket bond. For land wells the tiers are $50,000 for 10 or fewer wells, $250,000 for 11–99, and $500,000 for 100 or more. Inland water and offshore wells carry higher tiers — and the commissioner can increase the amount at his discretion. Operators can alternatively post an individual per-well amount based on well depth.
It is a three-party guarantee, not insurance for you: if the surety has to pay the state to plug your wells, you repay the surety. The security must stay in force for the life of your permits. Acceptable instruments include a performance bond, a letter of credit, or a pledged certificate of deposit — we write the surety bond form.
These are the actual underwriting fields, including a one-time consent to a soft credit check. Reclamation bonds run a financial review because the amounts are large — submit once and an underwriter follows up within 48 hours with your quote.
Start the application →Underwritten pricing, one soft credit check, quote within 48 hours. Enter the amount the Office of Conservation set and file your financial security.