Bonding limbo

AOGCC’s proposed surety well bond revisions don’t fix duplication, overlap

Kay Cashman

Petroleum News

More than a year after first being asked by the Alaska Department of Natural Resources, a landowner, to reconsider their new surety well bonding regulation that contains much higher bonding costs and duplicates the coverage required by landowners, the Alaska Oil and Gas Conservation Commission is pr....

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Three extra years

Six small companies protest

Deter O&G investment

Separate authorities