Department of Interior Proposes New Financial Assurance and Decommissioning Regulations
The Energy Law
OCTOBER 15, 2020
2008-N07, a lessee that passed the established thresholds was waived from providing additional security to cover its decommissioning liability. 2008-N07 was subsequently replaced in 2016 by the controversial NTL No. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.
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