Government prioritizing implementation of new OCS financial assurance rule
On January 6, 2017, the Bureau of Ocean Energy Management (BOEM) announced a six-month delay in the implementation of the rigorous financial assurances required by Notice to Lessees and Operators NTL No. 2016-N01, Haynes and Boone attorneys Robert Thibault and  Christopher J. Reagen announced in a notice to clients yesterday.

Deconstructing a platform in the Gulf of Mexico. Photo: BSEE

Haynes and Boone's Bob Thibault

“Although the NTL became effective in Septem...

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