Every person who engages in the drilling, redrilling, deepening, maintaining, or abandoning of any well, except a low-temperature geothermal well, shall file with the supervisor an individual indemnity bond in the sum of twenty-five thousand dollars ($25,000) for each well drilled, redrilled, deepened, maintained, or abandoned. The bond shall be filed with the supervisor at the time of the filing of the notice of intention to drill, redrill, deepen, maintain, or abandon, as provided in Section 3724 or 3724.1. The bond shall be executed by the person, as principal, and by an authorized surety company, as surety, conditioned that the principal named in the
bond shall faithfully comply with all the provisions of this chapter, in drilling, redrilling, deepening, maintaining, or abandoning any well or wells covered by the bond, and shall secure the state against all losses, charges, and expenses incurred by it to obtain such compliance by the principal named in the bond.
The conditions of the bond shall be stated in substantially the following language:
“If ____, the above bounden principal, shall well and truly comply with all the provisions of Chapter 4 (commencing with Section 3700) of Division 3 of the Public Resources Code and shall obey all lawful orders of the State Oil and Gas Supervisor, or his or her district deputy or deputies, if not appealed as provided in that chapter, or upon affirmance thereof by the Director of Conservation, if appealed thereto, and shall pay all charges, costs, and expenses incurred by the supervisor or his or her district deputy or deputies in
respect of the well or wells or the property or properties of the principal, or assessed against the well or wells or the property or properties of the principal, in pursuance of the provisions of that chapter, then this obligation shall be void; otherwise, it shall remain in full force and effect.”
3700
3701
3702
3703
3703.1
3704
3705
3706
3707
3708
3709
3710
3711
3712
3714
3714.5
3715
3715.5
3716
3717
3718
3719
3720
3721
3722
3723
3723.5
3724
3724.1
3724.2
3724.3
3724.4
3724.5
3724.6
3724.32
3724.35
3725
3725.5
3726
3728
3728.5
3729
3730
3731
3732
3733
3734
3735
3736
3737
3739
3740
3741
3742.2
3743
3744
3745
3746
3747
3748
3749
3750
3751
3752
3753
3754
3754.5
3755
3756
3757
3757.1
3757.2
3758
3759
3760
3761
3762
3763
3764
3765
3766
3767
3768
3769
3770
3771
3772
3772.2
3772.4
3772.6
3773
3774
3775
3776
3701
3702
3703
3703.1
3704
3705
3706
3707
3708
3709
3710
3711
3712
3714
3714.5
3715
3715.5
3716
3717
3718
3719
3720
3721
3722
3723
3723.5
3724
3724.1
3724.2
3724.3
3724.4
3724.5
3724.6
3724.32
3724.35
3725
3725.5
3726
3728
3728.5
3729
3730
3731
3732
3733
3734
3735
3736
3737
3739
3740
3741
3742.2
3743
3744
3745
3746
3747
3748
3749
3750
3751
3752
3753
3754
3754.5
3755
3756
3757
3757.1
3757.2
3758
3759
3760
3761
3762
3763
3764
3765
3766
3767
3768
3769
3770
3771
3772
3772.2
3772.4
3772.6
3773
3774
3775
3776