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DOI/ASLM | RIN: 1082-AA02 | Publication ID: Spring 2022 |
Title: Risk Management, Financial Assurance and Loss Prevention--Decommissioning Activities and Obligations | |
Abstract:
On October 12, 2020, the Bureau of Ocean Energy Management (BOEM) and Bureau of Safety and Environmental Enforcement (BSEE) published the joint proposed rule in the Federal Register (85 FR 65904). BSEE will continue to pursue this rulemaking as a BSEE-only final rule to revise policies and procedures concerning compliance with decommissioning obligations for Outer Continental Shelf (OCS) oil and gas. The final rule will clarify and streamline specific regulatory requirements associated with the operational and procedural aspects of applicable decommissioning responsibilities of OCS lessees and grant holders. BOEM will continue to evaluate and develop a comprehensive set of regulations to manage the risks and financial obligations associated with industry activities on the OCS and pursue these actions in a separate rulemaking under RIN 1010-AE14. |
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Agency: Department of the Interior(DOI) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 30 CFR 550 30 CFR 556 | |
Legal Authority: 43 U.S.C. 1334(a) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: Federal, State, Tribal |
Small Entities Affected: Businesses, Governmental Jurisdictions | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: Yes | |
Related RINs: Previously reported as 1010-AA00 | |
Agency Contact: Bivan Patnaik Deputy Director of Regulatory Affairs Department of the Interior Washington, DC 20240 Phone:202 208-4582 Email: bivan_patnaik@ios.doi.gov |