Department of Interior Proposes New Financial Assurance and Decommissioning Regulations
The Energy Law
OCTOBER 15, 2020
A prior lessee could be held liable for decommissioning a hurricane-toppled platform years after its exit and completion of all lease decommissioning obligations. 2008-N07, a lessee that passed the established thresholds was waived from providing additional security to cover its decommissioning liability. Historically, under NTL No.
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