Drill Deeper

Drill Deeper

News and Updates on Oil & Gas Legal Issues

Tag Archives: Outer Continental Shelf (OCS)

UPDATE: BOEM Withdraws Sole Liability Orders Issued Under NTL 2016-01

Posted in BOEM
The Bureau of Ocean Management (BOEM) announced that it will withdraw its orders issued in December 2016 to provide additional security for sole-liability properties to Outer Continental Shelf (OCS) oil and gas lease and grant holders.  “Sole-liability properties” are leases, rights of way (ROWs) and right of use easements (RUEs) for which there are no… Continue Reading

BOEM Publishes Final Rule for Leasing in the OCS

Posted in BOEM
On March 30, 2016, the Bureau of Ocean Energy Management (BOEM) published its Final Rule for Leasing of Oil and Gas or Sulfur in the Outer Continental Shelf (OCS).  This particular rulemaking process began with the publication of a proposed rule in 2009 by the Minerals Management Service (MMS) – after the 2010 and 2011… Continue Reading

BOEM Proposes Major Changes to its Financial Security Requirements for the OCS

Posted in Legal Updates, News
On September 22, 2015, the Bureau of Ocean Energy Management (BOEM) made available for review proposed guidelines on the procedures and criteria that the BOEM will use to determine the financial ability of oil and gas companies operating on the Outer Continental Shelf (OCS) to carry out their obligations and the potential need for additional… Continue Reading