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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

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.” 2003-N06, which was itself replaced by NTL No. Historically, under NTL No.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

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.” 2003-N06, which was itself replaced by NTL No. Historically, under NTL No.

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

The Energy Law

O’Connor correctly predicted that “the most likely source for the next pandemic will be some virus that jumps to us from an animal.” O’Connor, Allocating Risks of Terrorism and Pandemic Pestilence: Force Majeure for an Unfriendly World , Constr.

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