StacksVerified U.S. regulatory reference

43 CFR §3261.18

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
Before starting any operation, you must:
  1. (a)File with BLM either a surety or personal bond in the following minimum amount:
    1. (1)$10,000 for a single lease;
    2. (2)$50,000 for all of your operations within a state; or
    3. (3)$150,000 for all of your operations nationwide;
  2. (b)Get our approval of your surety or personal bond; and
  3. (c)To cover any drilling operations on all leases committed to a unit, either submit a bond for that unit in an amount we specify, or provide a rider to a statewide or nationwide bond specifically covering the unit in an amount we specify.
  4. (d)See subparts 3214 and 3215 for additional details on bonding procedures.