Bond regs questioned

DNR asks AOGCC to reconsider recent changes to well surety bonding levels

Alan Bailey

Petroleum News

Sara Longan, deputy commissioner of the Alaska Department of Natural Resources, has written to the Alaska Oil and Gas Conservation Commission, asking the commission to reconsider new regulations that the commission recently issued for the surety bonding of Alaska oil and gas wells. DNR is worried th....

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Unrealistic bonding levels

DNR suggests rework

Significant hardship

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