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Blanket Plugging Surety Bond Financial Assurance for Wells in Temporarily Abandoned Status - New Mexico
Blanket Plugging Surety Bond Financial Assurance for Wells in Temporarily Abandoned Status is a legal document that was released by the New Mexico Energy, Minerals and Natural Resources Department - a government authority operating within New Mexico.
FAQ
Q: What is a Blanket Plugging Surety Bond?A: A Blanket Plugging Surety Bond is a form of financial assurance for wells that are in a temporarily abandoned status in New Mexico.
Q: What does the Blanket Plugging Surety Bond do?A: The Blanket Plugging Surety Bond ensures that funds are available for plugging and abandoning wells that have been temporarily abandoned.
Q: Why is a Blanket Plugging Surety Bond required?A: A Blanket Plugging Surety Bond is required to provide financial security and ensure that wells in temporarily abandoned status can be properly plugged and abandoned.
Q: Who needs to obtain a Blanket Plugging Surety Bond?A: Individuals or companies that have wells in a temporarily abandoned status in New Mexico need to obtain a Blanket Plugging Surety Bond.
Q: How much does a Blanket Plugging Surety Bond cost?A: The cost of a Blanket Plugging Surety Bond can vary depending on the size and number of wells, but it is generally based on a percentage of the plugging liability for each well.
Form Details:
- Released on June 30, 2015;
- The latest edition currently provided by the New Mexico Energy, Minerals and Natural Resources Department;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below{class="scroll_to"} or browse more documents and templates provided by the New Mexico Energy, Minerals and Natural Resources Department.
Download Blanket Plugging Surety Bond Financial Assurance for Wells in Temporarily Abandoned Status - New Mexico
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