The Bureau of Ocean Energy Management (“BOEM”) has backed away from its proposed rulemaking regarding financial assurance requirements for the Outer Continental Shelf (“OCS”). On August 19, 2014, BOEM published an Advance...more
10/6/2015
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
BOEM ,
Compliance ,
Credit Ratings ,
Energy Sector ,
Gulf of Mexico ,
Loss Prevention ,
Mineral Leases ,
Moody's ,
Offshore Drilling ,
Oil & Gas ,
Outer Continental Shelf ,
Risk Management ,
S&P ,
U.S. Treasury
It is not uncommon for royalty disputes between mineral lessors and operators to increase as oil and natural gas prices decrease. Before mineral lessors go running to the courthouse in Colorado, however, and before operators...more
Do you think that what you say when negotiating a mineral lease does not matter once the agreement is inked and contains boilerplate language declaring it to “supersede all prior negotiations” and “be the complete agreement...more