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Geothermal Exploration Bond

Submitted by patrick.connor… on
Responsible Agency/Bureau
Project Type
Geothermal
Activity/Trigger
A proponent who wishes to apply for approval of exploration operations must submit evidence of bond coverage along with a Notice of Intent to Conduct Geothermal Resource Exploration Operations and other details depending on the activities proposed, 43 CFR 3251.11.
Description

An exploration bond must cover any activities related to exploration, reclamation of the surface and other resources, rental payments, and compliance with requirements at 43 CFR 3200.4. Minimum bonding requirements for exploration operations are found at 43 CFR 3251.15.

Statute/Regulations
Geothermal Steam Act (30 USC 1001 et seq.); Federal Land Policy Management Act (43 USC 1701 et seq.); Energy Policy Act of 2005 (Pub. L. 109‐58); 43 CFR 3200.
Editorial Category