Department of Interior Proposes New Financial Assurance and Decommissioning Regulations
The Energy Law Blog
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. Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations.
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