Arizona § 27-654 - Drilling bond; amount; responsibility
Full text of Arizona Arizona Revised Statutes § 27-654 — Drilling bond; amount; responsibility, with citation guidance and answers to common questions.
§ 27-654. Drilling bond; amount; responsibility
A. The commission shall require every person who engages in the drilling, ownership or operation of a well, or the entering or deepening of an abandoned well, to file with the commission, on a form to be determined by the commission, a reasonable bond with good and sufficient security conditioned upon the performance of the duties required by this section and the duties upon abandonment, as approved by the commission, of the well in an amount to be determined by the commission.
B. In no case may the bond be less than five thousand dollars for each individual well or less than twenty-five thousand dollars for any number of wells.
C. The bond shall remain in full force and effect until all requirements of the commission have been satisfied or until otherwise released by the commission.
D. The owner or operator is responsible for the full cost of plugging each dry or abandoned well. If the owner or operator fails to properly plug and abandon the well, the commission may:
1. Forfeit the bond and use the money for that purpose.
2. Sue the owner or operator for costs in excess of the amount of the bond and the owner or operator is liable for that amount.
Frequently Asked Questions About Arizona § 27-654
What does Arizona Revised Statutes § 27-654 cover?
Section 27-654 ("Drilling bond; amount; responsibility") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 27-654?
A common citation format is "Arizona Revised Statutes § 27-654" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 27-654 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.