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FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA.

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Presentation on theme: "FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA."— Presentation transcript:

1 FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA

2 This presentation will assist you in the completion of the Form 1006SB. The surety bond for seismic operations and plugging within the State of Oklahoma. Date of Last Revision: 2004 Rule Requirement: 10-11-6(q) Explanation of Form: Before commencing any seismic operation that requires the drilling of shot holes, those companies actually doing the work in the field must secure a bond in the amount of $50,000.00. Seismic companies must file the original Form 1006SB only with a copy of the power of attorney from the bonding company. The name and address of the Oklahoma resident service agent shall be endorsed on the bond form. Form 1000S shall be filed with the bond. [Reference 165:10-11-6 and 165:10-7- 31] Question concerning this Form: Contact the Geology Department (405) 521-6044

3 FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA BOND NUMBER: This number is assigned by the financial institution that issues the bond

4 FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA NAME OF THE FINANCIAL INSTITUTION

5 FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA ADDRESS, CITY, STATE AND ZIP CODE of the FINANCIAL INSTITUTION: Please note – both physical and mailing addresses are required

6 FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA NAME OF SEISMIC OPERATOR

7 FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA ADDRESS, CITY, STATE AND ZIP CODE of the SEISMIC OPERATOR

8 FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA ALL FINANCIAL INSTITUTIONS AND SEISMIC OPERATORS – Please Read

9 FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA NAME, DATE AND TITLE OF SEISMIC OPERATOR

10 FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA NAME, DATE AND TITLE OF FINANCIAL INSTITUTION

11 FORM 1006SB – SURETY BOND FOR SEISMIC OPERATIONS AND PLUGGING WITHIN THE STATE OF OKLAHOMA SEISMIC OPERATOR – PLEASE NOTE


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