The Energy Law

JULY 15, 2016

2008-N07, which was commonly referred to by industry as the “supplemental bond” NTL. 2016-N01 contains several changes in policy, one of most significant for the offshore oil and gas industry is the elimination of the all-or-nothing financial exemption from the requirement to provide supplemental financial assurance allowed under NTL No.

Operator 40

Operator Offshore Pipeline Insurance 40

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. This first of such NTLs, NTL No. 98-18N, was replaced by NTL No. 2003-N06, which was itself replaced by NTL No.

Pipeline 52

Pipeline Operator E&A Abandonment 52

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. This first of such NTLs, NTL No. 98-18N, was replaced by NTL No. 2003-N06, which was itself replaced by NTL No.

Pipeline 40

Pipeline Exploration and Production Operator E&A 40