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Drill Deeper

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Cynthia Nicholson Quoted in New Orleans CityBusiness

Posted in News

Cynthia Nicholson was quoted recently in the New Orleans CityBusiness article, “Offshore independents struggle with decommissioning requirements”.  The article pinpoints independent oil producers struggle to survive given the challenge of complying with new federal requirements to financially guarantee their costly responsibility to decommission offshore infrastructure after it is no longer useful and profitable.  Cynthia discusses… Continue Reading

BOEM Issues NTL Implementing Major Changes to its Financial Security Requirements for the OCS

Posted in BOEM

On July 14, 2016, the Bureau of Ocean Energy Management (BOEM) published a long-awaited Notice to Lessees and Operators (NTL) implementing new financial security requirements (NTL No. 2016-N01 dated July 12, 2016).  The NTL was issued to “clarify the procedures and criteria that BOEM Regional Directors use to determine if and when additional security …… Continue Reading