California Public Resources Code

§ 3204

PRC § 3204 Effective Jan 1, 2024Div. 3 · Ch. 1 · Art. 4

Statute text

(a)An operator who, on or after January 1, 2018, engages in the drilling, redrilling, deepening, or in any operation permanently altering the casing, of a well, shall file with the supervisor an individual indemnity bond for each well so drilled, redrilled, deepened, or permanently altered in the following amount:

(1)Twenty-five thousand dollars ($25,000) for each well that is less than 10,000 feet deep.

(2)Forty thousand dollars ($40,000) for each well that is 10,000 or more feet deep.

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Legislative history

Amended by Stats. 2023, Ch. 359, Sec. 4. (AB 1167) Effective January 1, 2024.