This surety bond is required for every oil well according to the Ohio Department of Natural Resources in compliance with Chapter 1509 of the O.R.C. This bond is available in two different types: a $5,000 bond for a single well or a $15,000 bond for more than one well. The required bond amount varies, but regardless of the amount you need, Surety1 can provide it quickly and at a competitive price.
To Obtain a Ohio Oil Well Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.