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BLM Oil & Gas Lease Bond
Rules as of Sep 29, 2026Federal onshore operators must post a bond before operating on a BLM lease. The minimums rose in 2024.
Current BLM bond minimums
| Bond type | Minimum amount |
|---|---|
| Individual lease bond | $150,000 |
| Statewide bond | $500,000 |
| Nationwide and unit operator bonds | No longer accepted. Existing ones had to be replaced by Jun 22, 2025. |
These minimums took effect Jun 22, 2024. BLM adjusts them for inflation every 10 years.
Source: BLM bonding page (rules as of Sep 29, 2026).
Who needs this bond
The rule is in 43 CFR 3104. Federal onshore operators must post a bond before operating on a BLM lease. You are in this group if:
- You are taking on a new BLM lease or becoming a new operator.
- You already have a lease or statewide bond below the current minimums.
- You relied on a nationwide or unit operator bond, which BLM no longer accepts.
Each case has its own option in the quote form, so you can say which one fits.
Sources: BLM bonding page and 43 CFR 3104 (rules as of Sep 29, 2026).
Deadline: raise existing bonds by June 22, 2027
If you already have a lease or statewide bond below the new minimums, you must raise it by Jun 22, 2027.
A Dec 18, 2025 direct final rule extended the statewide deadline to that date.
| Date | What happened |
|---|---|
| Jun 22, 2024 | New minimums took effect |
| Jun 22, 2025 | Deadline to replace nationwide and unit bonds |
| Dec 18, 2025 | Direct final rule extended the statewide deadline |
| Jun 22, 2027 | Deadline to raise existing bonds to the new minimums |
Ask early. Start your request well before the deadline.
Source: Federal Register direct final rule, Dec 18, 2025 (rules as of Sep 29, 2026).
Start your increase nowThe June 2026 proposed rollback: not final
- On Jun 24, 2026, BLM proposed returning the minimums to $10,000 per lease and $25,000 statewide. It also asked whether to bring back nationwide bonds.
- The 60-day comment period closed about Aug 24, 2026.
- As of Sep 29, 2026, no final rule has been published. BLM's bonding page still shows the 2024 minimums.
Plan for $150,000 and $500,000 until a final rule says otherwise.
A proposal is not a rule. Until a final rule is published, the amounts in the table above are the ones that apply.
Source: Federal Register proposed rule, Jun 24, 2026 (rules as of Sep 29, 2026).
What the bond guarantees
The bond backs your promises on federal land. It covers:
- Plugging wells when they stop producing.
- Reclamation of the site after operations end.
- Lease obligations you agreed to when you took the lease.
If an operator fails to do this work, the bond is there to cover it. The bond is a promise to the government. It is not insurance for you.
Lease bond or statewide bond: which fits?
- Individual lease bond. Covers one lease. Minimum $150,000.
- Statewide bond. Covers your operations across your BLM leases in one state. Minimum $500,000. (BLM bonding page, rules as of Sep 29, 2026.)
If you hold several leases in one state, ask which fits you better. Choose "Not sure" in the form and we will help you compare.
How to get your BLM bond
- Tell us what you need. Pick an individual lease bond or a statewide bond. Not sure? Choose "Not sure" and we will help.
- Same-day submission. We submit your request to the carrier the day it arrives.
- We email you the bond once the carrier issues it. Then you file it with the BLM state office.
What a BLM bond costs
The premium is typically a small percentage of the bond amount per year; the carrier sets the final price.
We work with carriers that write challenged credit; the carrier decides.
Your cost is an estimate until the carrier approves your bond. It depends on the bond amount, your credit and your operating history. Get a quote to see your estimate.
State bonds you may also need
The BLM bond covers federal leases. State regulators bond wells separately, so an operator on both federal and state land may need more than one bond.
Frequently asked questions
How much is a BLM lease bond?
What is the difference between a statewide bond and an individual lease bond?
Can I still use a nationwide bond?
Did BLM lower the bond amounts?
When must I raise my existing bond?
When did the current minimums take effect?
Does the bond protect me as the operator?
Is my cost fixed?
Sources (rules as of Sep 29, 2026)
- BLM oil and gas bonding
- Federal Register direct final rule, Dec 18, 2025
- Federal Register proposed rule, Jun 24, 2026
- 43 CFR 3104 (federal onshore oil and gas bonding rule)