News & Analysis as of

Oil & Gas BOEM Mineral Leases

Gray Reed

An Asset is an “Asset” Whether or Not BOEM Consents

Gray Reed on

The negotiators and scriveners of the purchase and sale agreement in Matter of PetroQuest Energy, Incorporated would have been well served to have considered all the potential ramifications, however remote, flowing from the...more

Vinson & Elkins LLP

Biden Administration Halts New Oil And Gas Leasing On Federal Public Lands: What You Need to Know

Vinson & Elkins LLP on

On January 27, 2021, President Biden issued an executive order — effective immediately — directing the Secretary of the Interior to pause new oil and natural gas leases on federal public lands or offshore waters to the extent...more

BakerHostetler

BOEM’s “Proposed Guidance” Shakes Up the Agency’s Supplemental Bonding Requirements

BakerHostetler on

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

Baker Donelson

Proposed Outer Continental Shelf Oil and Gas Leasing Program

Baker Donelson on

On Wednesday, January 28, as required by the Outer Continental Shelf Lands Act, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced the next step in the...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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