Department of Interior Proposes New Financial Assurance and Decommissioning Regulations
The Energy Law
OCTOBER 15, 2020
In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. 2008-N07, a lessee that passed the established thresholds was waived from providing additional security to cover its decommissioning liability. This first of such NTLs, NTL No.
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