Section 45-9-15.1 - Surface restoration bond--Amount--Conditions. - South-dakota Statutes

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45-9-15.1. Surface restoration bond--Amount--Conditions. The Board of Minerals and Environment shall require the furnishing of a surface restoration bond when the landowner or lessee is not a party to the oil or gas leasing agreement in the amount of two thousand dollars per well drilled, or ten thousand dollars blanket, with good and sufficient surety, conditioned for the performance of the duty to restore the premises, insofar as possible, to the condition which existed prior to the filing of the application to drill. The term premises as used herein is deemed to include the surface property of the landowner or lessee, both real and personal, and the ingress to and the egress from such real property.

Source: SL 1979, ch 296, § 2.

State Codes and Statutes

Statutes > South-dakota > Title-45 > Chapter-09 > Statute-45-9-15-1

45-9-15.1. Surface restoration bond--Amount--Conditions. The Board of Minerals and Environment shall require the furnishing of a surface restoration bond when the landowner or lessee is not a party to the oil or gas leasing agreement in the amount of two thousand dollars per well drilled, or ten thousand dollars blanket, with good and sufficient surety, conditioned for the performance of the duty to restore the premises, insofar as possible, to the condition which existed prior to the filing of the application to drill. The term premises as used herein is deemed to include the surface property of the landowner or lessee, both real and personal, and the ingress to and the egress from such real property.

Source: SL 1979, ch 296, § 2.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-45 > Chapter-09 > Statute-45-9-15-1

45-9-15.1. Surface restoration bond--Amount--Conditions. The Board of Minerals and Environment shall require the furnishing of a surface restoration bond when the landowner or lessee is not a party to the oil or gas leasing agreement in the amount of two thousand dollars per well drilled, or ten thousand dollars blanket, with good and sufficient surety, conditioned for the performance of the duty to restore the premises, insofar as possible, to the condition which existed prior to the filing of the application to drill. The term premises as used herein is deemed to include the surface property of the landowner or lessee, both real and personal, and the ingress to and the egress from such real property.

Source: SL 1979, ch 296, § 2.