Remove Abandonment Remove Presentation Remove Proven Reserves
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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law Blog

The net present value of proved reserves on the lease is less than or equal to three times the cost of the BSEE decommissioning estimate associated with production of those reserves; Or 4. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law Blog

The net present value of proved reserves on the lease is less than or equal to three times the cost of the BSEE decommissioning estimate associated with production of those reserves; Or. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.