Reclamation Bonds

A Reclamation Bond Should be the Preferred Financial Assurance

An interesting article by Kayla Desroches (Report Raises Concerns Over Who Pays For Coal Mining Cleanup), raises concerns about the lack of reclamation bond coverage of mining operations in the State of Montana. Kayla reports, “. . . one of… Continue Reading →

Bureau of Ocean Energy Management Announces New Surety Bond Requirements

On July 14th, 2016, the Bureau of Ocean Energy Management (BOEM) “notified companies holding oil and gas leases in federal waters that it is updating the surety bond and risk management requirements to ensure that U.S. taxpayers never have to pay… Continue Reading →

Idaho Reclamation Bond

An adequate exploration and reclamation plan and an Idaho reclamation bond are absolute requirements before any entry or exploration with motorized equipment on state lands. The surety bond must be written on a form approved by the Department of Lands not… Continue Reading →

Wyoming Reclamation Bond

A Wyoming reclamation bond is required by the Land Quality Division of the Wyoming Department of Environmental Quality.  The LQD administers and enforces all statutes and regulations on land disturbances dealing with mining and reclamation within the State of Wyoming. The… Continue Reading →

California Reclamation Bond

A California reclamation bond is a type of “financial assurance” required by the California Department of Conservation, Office of Mine Reclamation under the “SMARA”. SMARA is an acronym for the Surface Mining and Reclamation Act of 1975. SMARA was enacted by… Continue Reading →

New Mexico Plugging Bond, Oil & Gas Operations

A New Mexico blanket plugging bond is required from each person, firm, corporation or association [who] that operates any oil, gas or service well within the state New Mexico as a condition precedent to drilling or producing the well.  The New Mexico… Continue Reading →

Washington Reclamation Bond

Like reclamation bonds required by the Bureau of Land Management (BLM) you must provide a Washington reclamation bond to the Department of Natural Resources in that state if you intend to engage in any type of mining or petroleum exploration… Continue Reading →

New York Reclamation Bond.

As a condition precedent to the issuance of a New York mining permit, each applicant must furnish a New York reclamation bond which is conditioned upon conformance with the applicant’s mined land-use plan.  The Department of Environmental Conservation will accept a blanket… Continue Reading →

North Dakota Reclamation Bond

In 2012 North Dakota produced more crude oil than any other state except Texas,increasing by 250,000 barrels per day from 2011 to 2012.  Puncturing and disturbing the land mandatorily requires a remediation plan and the corresponding reclamation bond.  A North Dakota… Continue Reading →

Reclamation bonds for sand and gravel pits.

If you operate a small sand pit or gravel pit you are not exempt from state and federal reclamation bond requirements.  Reclamation planning and bonding is not just for the “big guys”.  Even very small sand and gravel pit operations are responsible… Continue Reading →

Rock quarry reclamation bond.

If you operate a small rock quarry you are not exempt from state and/or federal reclamation bond requirements.  Even little “mom and pop” quarry operations are responsible for having an appropriate closure plan.  A rock quarry reclamation bond just like… Continue Reading →

Reclamation bond requirement, federal law.

The Surface Mining Control and Reclamation Act of 1977 (SMCRA) established permitting guidelines for existing and future mines and instructions for providing reclamation bonds.  It ensures that coal mining operations are conducted in an environmentally responsible manner and that the… Continue Reading →

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