Proof of financial ability to abandon noncommercial natural gas well

Ind. Code § 14-37-6-4
in effect
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Sec. 4. Instead of a bond required by section 1 of this chapter, the commission may require a well owner or operator to provide proof of financial ability to abandon a noncommercial natural gas well. The proof must be established by a financial statement and personal guaranty. [Pre-1995 Recodification Citation: 13-8-8-4.] As added by P.L.1-1995, SEC.30.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/14Fetched: 10/17/2026

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