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Author: Anu K. Mittal Publisher: DIANE Publishing ISBN: 1437929990 Category : Business & Economics Languages : en Pages : 58
Book Description
This is a print on demand edition of a hard to find publication. The Bureau of Land Mgmt. (BLM) requires oil and gas operators to reclaim the land they disturb and post a bond to help ensure they do so. If the bond is not sufficient to cover well plugging and surface reclamation and there are no responsible or liable parties, the well is considered "orphaned," and BLM uses fed. dollars to fund reclamation. This report: (1) determined the number, value, and coverage of bonds held by BLM for oil and gas oper.; (2) determined the amount that BLM has paid to reclaim orphaned wells over the past 20 years and the number of orphaned wells BLM has identified but has not yet reclaimed; and (3) compared BLM's bonding requirements for oil and gas operations with those the 12 western states use for oil and gas oper. Illustrations.
Author: Anu K. Mittal Publisher: DIANE Publishing ISBN: 1437929990 Category : Business & Economics Languages : en Pages : 58
Book Description
This is a print on demand edition of a hard to find publication. The Bureau of Land Mgmt. (BLM) requires oil and gas operators to reclaim the land they disturb and post a bond to help ensure they do so. If the bond is not sufficient to cover well plugging and surface reclamation and there are no responsible or liable parties, the well is considered "orphaned," and BLM uses fed. dollars to fund reclamation. This report: (1) determined the number, value, and coverage of bonds held by BLM for oil and gas oper.; (2) determined the amount that BLM has paid to reclaim orphaned wells over the past 20 years and the number of orphaned wells BLM has identified but has not yet reclaimed; and (3) compared BLM's bonding requirements for oil and gas operations with those the 12 western states use for oil and gas oper. Illustrations.
Author: Anu K. Mittal Publisher: DIANE Publishing ISBN: 1437982190 Category : Reference Languages : en Pages : 58
Book Description
The number of oil and gas wells on leased fed. land has increased dramatically. To help manage the environmental impacts of these wells, BLM requires oil and gas operators to reclaim disturbed land. BLM requires them to provide a bond before beginning drilling operations. BLM refers to oil and gas wells and leased land that will require reclamation as potential liabilities because BLM may have to pay for reclamation if the operators fail to do so. This report determined: (1) BLM's policies for managing potential federal oil and gas well liability; (2) the extent to which BLM has implemented these policies; and (3) the challenges, if any, BLM faces in managing potential oil and gas well liability. Charts and tables. This is a print on demand report.
Author: Government Accountability Office Publisher: ISBN: 9781974625253 Category : Languages : en Pages : 58
Book Description
"The Federal Land Policy and Management Act of 1976 directs the Department of the Interior (Interior) to manage lands for multiple uses while also taking any action to prevent "unnecessary or undue degradation" of the land. To do this, Interior's Bureau of Land Management (BLM), among other things, requires oil and gas operators to reclaim the land they disturb and post a bond to help ensure they do so. Despite these requirements, not all operators perform reclamation. If the bond is not sufficient to cover well plugging and surface reclamation and there are no responsible or liable parties, the well is considered "orphaned," and BLM uses federal dollars to fund reclamation. The 12 western states where most oil and gas production occurs and other Interior agencies also require bonds to ensure reclamation.GAO was asked to (1) determine the number, value, and coverage of bonds held by BLM for oil and gas operations; (2) determine the amount that BLM has paid to reclaim orphaned wells over the past 20 years and the number of orphaned wells BLM has identified but has not yet reclaimed; and (3) compare BLM's bonding requirements for oil and gas operations with those the 12 western states use for oil and gas operations on state and private..."
Author: United States Government Accountability Office Publisher: Createspace Independent Publishing Platform ISBN: 9781983615191 Category : Languages : en Pages : 58
Book Description
Oil and Gas Bonds: Bonding Requirements and BLM Expenditures to Reclaim Orphaned Wells
Author: United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources Publisher: ISBN: Category : Business & Economics Languages : en Pages : 76
Author: U.s. Government Accountability Office Publisher: ISBN: 9781974645237 Category : Languages : en Pages : 58
Book Description
"The number of oil and gas wells on leased federal land has increased dramatically. To help manage the environmental impacts of these wells, the Department of the Interior's (Interior) Bureau of Land Management (BLM) requires oil and gas operators to reclaim disturbed land in a manner it prescribes. To help ensure operators reclaim leased land, BLM requires them to provide a bond before beginning drilling operations. BLM refers to oil and gas wells and leased land that will require reclamation as potential liabilities because BLM may have to pay for reclamation if the operators fail to do so. GAO was asked to determine (1) BLM's policies for managing potential federal oil and gas well liability, (2) the extent to which BLM has implemented these policies, and (3) the challenges, if any, BLM faces in managing potential oil and gas well liability. GAO analyzed agency data on bonding and wells and interviewed BLM officials. We surveyed all 48 BLM field offices with an oil and gas program, and received 33 responses covering these offices."
Author: United States Government Accountability Office Publisher: Createspace Independent Publishing Platform ISBN: 9781983615122 Category : Languages : en Pages : 58
Book Description
Oil and Gas Bonds: BLM Needs a Comprehensive Strategy to Better Manage Potential Oil and Gas Well Liability
Author: United States. Government Accountability Office Publisher: ISBN: Category : Oil and gas leases Languages : en Pages : 53
Book Description
The number of oil and gas wells on leased federal land has increased dramatically. To help manage the environmental impacts of these wells, the Department of the Interior's (Interior) Bureau of Land Management (BLM) requires oil and gas operators to reclaim disturbed land in a manner it prescribes. To help ensure operators reclaim leased land, BLM requires them to provide a bond before beginning drilling operations. BLM refers to oil and gas wells and leased land that will require reclamation as potential liabilities because BLM may have to pay for reclamation if the operators fail to do so. GAO was asked to determine (1) BLM's policies for managing potential federal oil and gas well liability, (2) the extent to which BLM has implemented these policies, and (3) the challenges, if any, BLM faces in managing potential oil and gas well liability. GAO analyzed agency data on bonding and wells and interviewed BLM officials. We surveyed all 48 BLM field offices with an oil and gas program, and received 33 responses covering these offices. GAO recommends that BLM develop a comprehensive strategy to, among other things, increase minimum bond amounts over time and improve its data system to better evaluate potential liability and agency performance. In commenting on a draft of this report BLM agreed with GAO's recommendations and noted that it has already taken steps to improve the completeness and accuracy of its oil and gas data.
Author: Anu K. Mittal
Author: Anu K. Mittal
Author: Anu K. Mittal
Author: Government Accountability Office
Author: United States Government Accountability Office
Author: United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources
Author: United States. Government Accountability Office
Author: U.s. Government Accountability Office
Author: United States Government Accountability Office
Author: United States. Government Accountability Office
Author: Pennsylvania. Department of Environmental Resources