43 CFR 3215.10 - When may BLM collect against my bond?

Regulations last checked for updates: May 04, 2025

Title 43 - Public Lands: Interior last revised: Apr 16, 2025

View all text of Subpart 3215 [§ 3215.10 - § 3215.14]

§ 3215.10 - When may BLM collect against my bond?

If you fail to comply with the requirements listed at § 3200.4, we may collect money from the bond to correct your noncompliance. This amount can be as large as the face amount of the bond. Some examples of when we will collect against your bond are when you do not properly or in a timely manner:

(a) Plug and abandon a well;

(b) Reclaim the lease area;

(d) Pay assessed royalties to compensate for drainage.

authority: 30 U.S.C. 1001-1028; 43 U.S.C. 1701

source: 72 FR 24400, May 2, 2007, unless otherwise noted.

cite as: 43 CFR 3215.10