Department of Interior Proposes New Financial Assurance and Decommissioning Regulations
The Energy Law Blog
OCTOBER 15, 2020
In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. 2003-N06, which was itself replaced by NTL No. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.
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