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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law Blog

The proposed regulations define “predecessor” as “a prior lessee or owner of operating rights, or a prior holder of a right-of-use and easement grant [RUE], or a pipeline right-of-way grant [ROW], that is liable for accrued obligations on that lease or grant.” BOEM issued the last and most controversial NTL, NTL No.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law Blog

The proposed regulations define “predecessor” as “a prior lessee or owner of operating rights, or a prior holder of a right-of-use and easement grant [RUE], or a pipeline right-of-way grant [ROW], that is liable for accrued obligations on that lease or grant.” BOEM issued the last and most controversial NTL, NTL No.

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COVID-19 as a Force Majeure? The Texas and Louisiana Perspectives

The Energy Law Blog

Today, countries worldwide are responding to a pandemic of respiratory disease spreading from person-to-person caused by a novel coronavirus. The disease has been named “coronavirus disease 2019” (abbreviated “COVID-19”). Does this pandemic and resultant disruption constitute a force majeure event under Louisiana and Texas law?

E&A 52