Department of Interior Proposes New Financial Assurance and Decommissioning Regulations
The Energy Law
OCTOBER 15, 2020
2003-N06, which was itself replaced by NTL No. In addition, the proposed regulations provide that BOEM would also consider the proved oil and gas reserves on the lease and the financial strength of predecessors in determining whether additional security was required. This first of such NTLs, NTL No. Historically, under NTL No.
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