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§3214.13. What is the minimum dollar amount required for a bond? — Inbound Citations

43 C.F.R. § 3214.13

Cited by 2 regulations in release Current.

Citations to 43 C.F.R. § 3214.13 as a whole

  • (a) BLM may increase the bond amount above the minimums referenced in § 3214.13 when:
    (1) We determine that the operator has a history of noncompliance;
    (2) We previously had to make a claim against a surety because any one person who is covered by the new bond failed to plug and abandon a well and reclaim the surface in a timely manner;
    (3) MMS has notified BLM that a person covered by the bond owes uncollected royalties; or
    (4) We determine that the bond amount will not cover the estimated reclamation cost.
  • (b) Submit to BLM evidence of acceptable bonding under § 3214.13 of this chapter; and