Department of Interior Proposes New Financial Assurance and Decommissioning Regulations
The Energy Law Blog
OCTOBER 15, 2020
A prior lessee could be held liable for decommissioning a hurricane-toppled platform years after its exit and completion of all lease decommissioning obligations. 2003-N06, which was itself replaced by NTL No. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.
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