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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

2016-N01, in 2016, which created widespread industry concern, and, as a result, was never fully implemented. Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations.

article thumbnail

Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

2016-N01, in 2016, which created widespread industry concern, and, as a result, was never fully implemented. Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations.