Ill. Admin. Code tit. 62 § 250.70

Current through Register Vol. 48, No. 50, December 13, 2024

Section 250.70 - Bonding Requirements

Prior to drilling any well, lessee shall file an individual well bond with the Department. The bond shall be maintained until the well is plugged and the well site restored in accordance with the Illinois Oil and Gas Act [225 ILCS 725 ]. The amount of the bond shall be:

a) $1500 for a well less than 2,000 feet deep; or

b) $3000 for a well 2,000 or more feet deep.

Ill. Admin. Code tit. 62, § 250.70