News & Analysis as of

BOEM Outer Continental Shelf Decommissioned Facilities

Hicks Johnson

States and Industry Groups Sue to Block BOEM’s Tougher Financial Assurance Requirements for Offshore Oil and Gas Operations

Hicks Johnson on

The U.S. Department of the Interior has long wrestled with how to manage the risk associated with the costly decommissioning of offshore oil wells in federal waters. In recent years, the Department has released, revised, and...more

Holland & Knight LLP

Interior Department Proposes Rule to Secure Decommissioning of Offshore Oil, Gas Infrastructure

Holland & Knight LLP on

The U.S. Department of the Interior, through its Bureau of Ocean Energy Management (BOEM), published a proposed rule on June 29, 2023, to significantly modify how the agency assesses the offshore oil and gas industry's...more

Vinson & Elkins LLP

BSEE Considerations In Establishing Decommissioning Liability Estimates For Offshore Facilities

Vinson & Elkins LLP on

The federal Bureau of Safety and Environmental Enforcement (BSEE) directs decommissioning of facilities located in federal waters of the Outer Continental Shelf (OCS) that are used in performance of oil and gas exploration...more

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