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What are the blanket bond amounts for a new or “non-qualified” operator?

April 26, 2017amounts Blanket Bond operator

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What are the blanket bond amounts for a new or “non-qualified” operator?

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The blanket bond rates for a new or “non-qualified” operator are as follows: a) 1 – 100 wells require a $50,000 bond. b) 101 wells or more require a $100,000 bond.