43 C.F.R. § 3214.14 May BLM increase the bond amount above the minimum?
Title 43 - Public Lands: Interior
(a) We may increase the bond amount beyond the minimums referenced in 43 CFR 3214.13 when: (1) We determine 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 timely plug and abandon a well and reclaim the surface; (3) MMS has notified BLM that a person covered by the bond owes uncollected royalties; or (4) Our inspection of the property determines that the bond amount is too low to cover the estimated reclamation cost. (b) We may increase bond amounts to any level, but we will not set that amount higher than the total estimated costs of plugging wells, removing structures, and reclaiming the surface, plus any uncollected royalties due MMS or monies owed to BLM due to previous violations.
Title 43: Public Lands: Interior
PART 3200—GEOTHERMAL RESOURCE LEASING
Subpart 3214—Personal and Surety Bonds
§ 3214.14 May BLM increase the bond amount above the minimum?
