Despite progress in BOEM NTL requirements – new capital must emerge

Region: Gulf of Mexico
Topics: All Topics
Date: Feb, 2017

Since the Bureau of Ocean Energy Management (“BOEM”) released Notice to Lessees (“NTL”) No. 2016-N01 in July 2016, the oil and gas industry has been working together to understand BOEM’s decommissioning costs estimates and its timing and methodologies for enforcing the NTL.

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