Oil and Gas Bonds: Bonding Requirements and BLM Expenditures to Reclaim Orphaned Wells

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Publisher : DIANE Publishing
ISBN 13 : 1437929990
Total Pages : 58 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Oil and Gas Bonds: Bonding Requirements and BLM Expenditures to Reclaim Orphaned Wells by : Anu K. Mittal

Download or read book Oil and Gas Bonds: Bonding Requirements and BLM Expenditures to Reclaim Orphaned Wells written by Anu K. Mittal and published by DIANE Publishing. This book was released on 2011 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Oil and Gas Bonds

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1437982190
Total Pages : 58 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Oil and Gas Bonds by : Anu K. Mittal

Download or read book Oil and Gas Bonds written by Anu K. Mittal and published by DIANE Publishing. This book was released on 2011-05 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Oil and Gas Bonds

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Author :
Publisher :
ISBN 13 : 9781974625253
Total Pages : 58 pages
Book Rating : 4.6/5 (252 download)

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Book Synopsis Oil and Gas Bonds by : Government Accountability Office

Download or read book Oil and Gas Bonds written by Government Accountability Office and published by . This book was released on 2017-08-17 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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..."

Oil and Gas Bonds

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781983615191
Total Pages : 58 pages
Book Rating : 4.6/5 (151 download)

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Book Synopsis Oil and Gas Bonds by : United States Government Accountability Office

Download or read book Oil and Gas Bonds written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-08 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil and Gas Bonds: Bonding Requirements and BLM Expenditures to Reclaim Orphaned Wells

Availability of bonds to meet federal requirements for mining, oil and gas projects

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Availability of bonds to meet federal requirements for mining, oil and gas projects by : United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources

Download or read book Availability of bonds to meet federal requirements for mining, oil and gas projects written by United States. Congress. House. Committee on Resources. Subcommittee on Energy and Mineral Resources and published by . This book was released on 2003 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil and Gas Bonds :.

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (123 download)

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Book Synopsis Oil and Gas Bonds :. by : United States. Government Accountability Office

Download or read book Oil and Gas Bonds :. written by United States. Government Accountability Office and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil and Gas Bonds

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Author :
Publisher :
ISBN 13 : 9781974645237
Total Pages : 58 pages
Book Rating : 4.6/5 (452 download)

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Book Synopsis Oil and Gas Bonds by : U.s. Government Accountability Office

Download or read book Oil and Gas Bonds written by U.s. Government Accountability Office and published by . This book was released on 2017-08-17 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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."

Oil and Gas Bonds

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781983615122
Total Pages : 58 pages
Book Rating : 4.6/5 (151 download)

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Book Synopsis Oil and Gas Bonds by : United States Government Accountability Office

Download or read book Oil and Gas Bonds written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-08 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil and Gas Bonds: BLM Needs a Comprehensive Strategy to Better Manage Potential Oil and Gas Well Liability

Oil and Gas Bonds

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Author :
Publisher :
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4.:/5 (74 download)

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Book Synopsis Oil and Gas Bonds by : United States. Government Accountability Office

Download or read book Oil and Gas Bonds written by United States. Government Accountability Office and published by . This book was released on 2011 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Oil and Gas Bonds

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Author :
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (613 download)

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Book Synopsis Oil and Gas Bonds by : United States. Government Accountability Office

Download or read book Oil and Gas Bonds written by United States. Government Accountability Office and published by . This book was released on 2010 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Guidelines for Submitting Oil and Gas Well Bonds

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Publisher :
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.:/5 (325 download)

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Book Synopsis Guidelines for Submitting Oil and Gas Well Bonds by : Pennsylvania. Department of Environmental Resources

Download or read book Guidelines for Submitting Oil and Gas Well Bonds written by Pennsylvania. Department of Environmental Resources and published by . This book was released on 1988 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Availability of Bonds to Meet Federal Requirements for Mining, Oil and Gas Projects - Scholar's Choice Edition

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Publisher :
ISBN 13 : 9781297008955
Total Pages : 78 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Availability of Bonds to Meet Federal Requirements for Mining, Oil and Gas Projects - Scholar's Choice Edition by : United States Congress House of Represen

Download or read book Availability of Bonds to Meet Federal Requirements for Mining, Oil and Gas Projects - Scholar's Choice Edition written by United States Congress House of Represen and published by . This book was released on 2015-02-14 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Oil and Gas Leases

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis Oil and Gas Leases by : United States. General Land Office

Download or read book Oil and Gas Leases written by United States. General Land Office and published by . This book was released on 1942 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fundamentals of Investing in Oil and Gas

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Author :
Publisher : Chris Termeer
ISBN 13 : 098904341X
Total Pages : 321 pages
Book Rating : 4.9/5 (89 download)

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Book Synopsis Fundamentals of Investing in Oil and Gas by : Chris Termeer

Download or read book Fundamentals of Investing in Oil and Gas written by Chris Termeer and published by Chris Termeer. This book was released on 2013 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The intent of this book is to educate the reader about the vast complexities of the oil and gas industry and to motivate involvement in domestic oil and gas development, production and refinement. Explains the industry in non-technical language for an average person.

North American Oil & Gas Companies : Renewed Strength & Latent Risk

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Publisher :
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (688 download)

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Book Synopsis North American Oil & Gas Companies : Renewed Strength & Latent Risk by : Bob Maxwell

Download or read book North American Oil & Gas Companies : Renewed Strength & Latent Risk written by Bob Maxwell and published by . This book was released on 2004 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bonds Under Oil and Gas Prospecting Permits, Section 4(h), Circular No. 672 Modified, Drilling Bonds, and Circular No. 754 Revoked

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Publisher :
ISBN 13 :
Total Pages : 2 pages
Book Rating : 4.:/5 (819 download)

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Book Synopsis Bonds Under Oil and Gas Prospecting Permits, Section 4(h), Circular No. 672 Modified, Drilling Bonds, and Circular No. 754 Revoked by : United States. General Land Office

Download or read book Bonds Under Oil and Gas Prospecting Permits, Section 4(h), Circular No. 672 Modified, Drilling Bonds, and Circular No. 754 Revoked written by United States. General Land Office and published by . This book was released on 1927 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:

North American Integrated Oil & Gas Companies

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (479 download)

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Book Synopsis North American Integrated Oil & Gas Companies by : Michael R. Rao

Download or read book North American Integrated Oil & Gas Companies written by Michael R. Rao and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: