When is an OCS commitment a commitment?BSEE publishes appeal decision that agency says clarifies conditions for extending offshore lease term through commitment to produce Alan Bailey Petroleum News
As illustrated by a long-standing dispute between the State of Alaska and oil companies over delays in the development of the Point Thomson field on the North Slope, governments expect firms owning oil and gas leases on public lands to actively explore for and develop publicly owned resources. And a....
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Due diligence Lack of commitment Agency duty
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