The State of Florida Department of Environmental Protection, Oil and Gas Program is the permitting authority for mining and minerals regulation programs. The program is tasked with conservation of oil and gas resources, health and human safety, environmental protection and rights protection. This includes well plugging and site restoration through a process of permits and field inspections, the program ensures compliance of state laws. The oil and gas program details can be found in Chapter 377 of the Florida Statutes and Rules 62C-25 through 30 of the Florida Administrative Code.
The premium that you pay for a Florida Plugging and Site Restoration Performance Surety Bond for each well is dependent on well depth, the number of wells, personal credit, personal financial statements, and experience. Rates start as low as 1% with your good credit.
All wells that are permitted will be inspected by Oil and Gas staff located in northwest (Jay) or south (Fort Myers).
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
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