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DOI/ASLM RIN: 1082-AA02 Publication ID: Spring 2020 
Title: Risk Management, Financial Assurance and Loss Prevention 

As directed by Executive Order 13795, the Bureau of Ocean Energy Management (BOEM) has reconsidered its financial assurance policies, as reflected in Notice to Lessees No. 2016-N01 (September 12, 2016). In consideration of that review, BOEM and the Bureau of Safety and Environmental Enforcement (BSEE) are now developing a joint rule that is intended to revise existing financial assurance policies for oil and gas operations on the Outer Continental Shelf in order to ensure operator compliance with financial and performance obligations while reducing unnecessary regulatory burdens.

Agency: Department of the Interior(DOI)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Deregulatory 
CFR Citation: 30 CFR 550    30 CFR 556   
Legal Authority: 43 U.S.C. 1331 et seq.   
Legal Deadline:  None
Action Date FR Cite
NPRM  06/00/2020 
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: Federal, State, Tribal 
Small Entities Affected: Businesses, Governmental Jurisdictions  Federalism: No 
Included in the Regulatory Plan: Yes 
RIN Data Printed in the FR: Yes 
Related RINs: Previously reported as 1010-AA00 
Agency Contact:
Justin Abernathy
Deputy Director for Policy, Office of the Executive Secretariat and Regulatory Affairs
Department of the Interior
Office of the Secretary, 1849 C Street NW,
Washington, DC 20240
Phone:202 513-0357