AOGCC hears BlueCrest bonding request
Company has $5 million in escrow account with Pioneer, previous Cosmopolitan owner, with $3 million dedicated to P&A of all wells Kristen Nelson Petroleum News
The Alaska Oil and Gas Conservation Commission has just heard another appeal of the amounts required in its new bonding regulations.
At a Dec. 8 hearing, BlueCrest requested a reduction of plugging and abandonment bonding at Cosmopolitan to reflect $3 million in escrow dedicated to P&A of wells at....
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Commission questions
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