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Oil & Gas Leases Department of the Interior

Holland & Knight LLP

Interior Department Announces Rule on Financial Assurance for Offshore Oil and Gas

Holland & Knight LLP on

For a decade, the U.S. Department of the Interior has wrestled with financial assurance (or bonding) requirements for offshore oil and gas companies. Over the last 10 years, the Interior Department has released – and later...more

Holland & Knight LLP

Interior Department Holds Largest Offshore Oil and Gas Lease Sale in Years

Holland & Knight LLP on

After months of delay, the U.S. Department of the Interior auctioned off 1.7 million acres for offshore oil and gas leases during Lease Sale 261 on Dec. 20, 2023. (See Holland & Knight's previous alert, "Interior Department...more

Beveridge & Diamond PC

DOI Proposes Overhaul Of Federal And Indian Mineral Lease Royalty Valuation Standards

On January 6, 2015, the Department of the Interior’s Office of Natural Resources Revenue (“ONRR”) issued a proposed regulation that would substantially modify existing regulations in 30 C.F.R. Part 1206 for the valuation for...more

Baker Donelson

OCS Operators and Lenders Beware - Comment Period Ending on BOEM Risk Management, Financial Assurance and Loss Prevention Notice...

Baker Donelson on

Monday, November 17, 2014, is the last day to provide comments to the Bureau of Ocean Energy Management (BOEM) in connection with its Advance Notice of Proposed Rulemaking (ANPR) with respect to risk management, financial...more

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