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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.

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US oil producers face new challenges as top oilfield flags

Oil & Gas 360º

The water-to-oil ratio can rise to as high as twelve-to-one from wells drilled in the fringes of an oilfield, said Christine Guerrero, a veteran petroleum engineer who is a strategic advisor to asset manager Octane Investments.

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