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The Energy Law
OCTOBER 15, 2020
In addition, the proposed regulations provide that BOEM would also consider the proved oil and gas reserves on the lease and the financial strength of predecessors in determining whether additional security was required. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.
The Energy Law
OCTOBER 15, 2020
In addition, the proposed regulations provide that BOEM would also consider the proved oil and gas reserves on the lease and the financial strength of predecessors in determining whether additional security was required. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.
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