Colorado Oil & Gas Lease Surety Bond

Before any surface-disturbing activities related to drilling can begin, lessee's or their operator must furnish a Oil & Gas Lease Surety Bond in a minimum amount of $10,000 to ensure compliance with all the lease terms, including protection of the environment. With the consent of the surety and principal, the operator may use the Oil & Gas Lease Surety Bond of another party such as the lessee. Each time there is a new operator, that operator must notify the BLM that he/she is the responsible operator, giving the particulars of the Oil & Gas Lease Surety Bond under which they will operate. 

The Colorado BLM may require an increase in the Oil & Gas Lease Surety Bond amount any time conditions warrant such an increase. 

Get started now!  Follow the link below to apply for your Colorado Oil & Gas Lease Surety Bond and let our expert staff get the bond you need at the lowest possible price!  

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Need help with your Colorado Oil & Gas Lease Surety Bond??

  • Call us and let our staff walk you through the process - 800-737-4880
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