Department of Interior Proposes New Financial Assurance and Decommissioning Regulations
The Energy Law Blog
OCTOBER 15, 2020
2003-N06, which was itself replaced by NTL No. The net present value of proved reserves on the lease is less than or equal to three times the cost of the BSEE decommissioning estimate associated with production of those reserves; Or. This first of such NTLs, NTL No. 98-18N, was replaced by NTL No. Historically, under NTL No.
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