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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law Blog

2003-N06, which was itself replaced by NTL No. Lease-specific abandonment accounts: Current Regulations – BOEM regulations allow for companies to establish lease-specific abandonment accounts instead of providing a supplemental bond. This first of such NTLs, NTL No. 98-18N, was replaced by NTL No. Historically, under NTL No.

article thumbnail

Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law Blog

2003-N06, which was itself replaced by NTL No. Lease-specific abandonment accounts: Current Regulations – BOEM regulations allow for companies to establish lease-specific abandonment accounts instead of providing a supplemental bond. This first of such NTLs, NTL No. 98-18N, was replaced by NTL No. Historically, under NTL No.