Code of Federal Regulations (Last Updated: April 5, 2024) |
Title 43 - Public Lands: Interior |
Subtitle B - Regulations Relating to Public Lands |
Chapter II - Bureau of Land Management, Department of the Interior |
SubChapter C - Minerals Management (3000) |
Part 3200 - Geothermal Resource Leasing |
Subpart 3214 - Personal and Surety Bonds |
§ 3214.10 - Who must post a geothermal bond?
Latest version.
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§ 3214.10 Who must post a geothermal bond?
(a) The lessee or operator must post a bond with BLM before exploration, drilling, or utilization operations begin.
(b) Before we approve a lease transfer or recognize a new designated operator, the lessee or operator must file a new bond or a rider to the existing bond, unless all previous operations on the land have already been reclaimed.