Who needs the Low-Temperature Well Driller Bond?
Division 3 of the Public Resources Code (RPC) requires operators to file individual well or blanket indemnity or cash bonds with the Division of Oil, Gas, and Geothermal Resources (Division). The bonds cover drilling, redrilling, deepening, or other operations permanently altering the casing in oil, gas, geothermal, or service wells in California. Geothermal bonds cover the life of the wells. A bond(s) must be filed by the operator of record, and it must be in an amount specified in statute on the day the bond is received by the Division. Backdated bonds cannot be acecpted for lesser amounts.
What is the Low-Temperature Well Driller Bond?
The registration service bond protects the party requesting the surety bond, the Obligee, against any financial losses as a result of poor financial choices, damages, unethical decisions, or a failure to adhere to state and local laws on the part of you, the Principal. By obtaining your registration bond, you are telling the Obligee that you can be trusted and that you stand by your business decisions.
Individual Low-Temperature Geothermal Wells
Only Ashton Agency can provide you with:
Many companies write low-temperature well driller bonds, but by contacting the Ashton Agency, you can be sure you'll be getting the best price available, not to mention our stellar customer service and insider knowledge of the industry. We've been helping people get bonded for more than 45 years. Let us put that experience to work for you today!
Call us now at (800) 452-2663 for an application. All you need to do is mail, fax, or email it to us with your payment, and we’ll mail the bond to you the same day. We can assist you over the phone to ensure you receive your bond quickly and easily!
Don’t have time to speak on the phone? Please fill out our easy online application and fax to (503) 253-1353. We can either call you to process a credit card payment or process a bank draft with a faxed check. We can get you started right away!