Department of Interior Proposes New Financial Assurance and Decommissioning Regulations
The Energy Law
OCTOBER 15, 2020
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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