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Oklahoma oil & gas plugging bonds.
From $125.
Oklahoma oil and gas operators show financial responsibility for plugging their wells to the Corporation Commission under 52 O.S. §318.1. A blanket surety bond is one accepted form — generally $25,000, raised up to $100,000 for cause. Pricing is 5% of the bond amount plus a $25 fee, $125 minimum, and your exact price appears at the application.
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Three steps to filed.
Your operator paperwork is waiting on this bond. Here's the entire process:
Apply online
Your business details, mailing address, the bond amount the Commission requires, and the effective date — that is the application, plus a one-time consent to a soft credit pull.
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.
E-sign & file with the Corporation Commission
Pay online and receive the executed blanket surety bond ready to file as proof of financial responsibility. Wet-ink originals mailed whenever the Commission insists.
What it is and who needs it.
What the plugging bond actually covers
The Oklahoma Corporation Commission regulates oil and gas wells and requires operators to demonstrate financial responsibility for plugging wells and cleaning up sites when they are done. Under 52 O.S. §318.1, an operator agrees to comply with drilling and plugging rules and provides surety to back that promise.
The statute recognizes two categories. Category A is a financial statement proving a net worth of at least $50,000. Category B is a posted security — an irrevocable letter of credit, cash, a cashier’s check, a certificate of deposit, or a blanket surety bond. The blanket surety bond is generally $25,000.
For good cause shown concerning pollution or improper plugging, the Commission can require additional Category B surety greater than $25,000 but not exceeding $100,000. The bond is conditioned on the operator plugging and abandoning wells, closing surface impoundments, and removing trash and equipment per state law. If the surety pays, you repay the surety. We price your amount at 5% of the bond, with a $125 minimum — a quick soft credit check applies to approval, never a hard inquiry.
You need this bond if you are
One application, issued instantly.
These are the actual underwriting fields, including your mailing address and a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Oklahoma bonds.
Plugging bond, issued today.
Pricing from $125, soft pull only. Enter the amount the Commission required and file as proof of financial responsibility.