43 C.F.R. § 3251.15 Do I need a bond for conducting exploration operations?
Title 43 - Public Lands: Interior
Yes, do not start any exploration operations on BLM-managed lands until we approve your bond. You may meet the requirement for an exploration bond in two ways. (a) If you have an existing nationwide or statewide oil and gas exploration bond, provide a rider to include geothermal resources exploration operations, in an amount we have specified. (b) If you must file a new bond, the minimum amounts are: (1) $5,000 for a single operation; (2) $25,000 for all of your operations within a state; (3) $50,000 for all of your operations nationwide. (c) See 43 CFR subparts 3214 and 3215 for additional details on bonding procedures.
Title 43: Public Lands: Interior
PART 3200—GEOTHERMAL RESOURCE LEASING
Subpart 3251—Exploration Operations: Getting a Permit
§ 3251.15 Do I need a bond for conducting exploration operations?
