Roundtable discussion drills into impact of new plugging and abandonment regulations on offshore operators

20 September 2016

Debtwire Investigations today hosted a roundtable webcast on the impact that regulations recently enacted by the Bureau of Ocean Energy Management (BOEM) will have on offshore oil and gas producers.

 

The regulatory changes make offshore drillers fully accountable for the costs associated with plugging and abandonment (P&A) of idle wells. Today’s discussion dug into who is ultimately responsible for assuming the P&A costs, which well operators are most vulnerable to financial fallout and how the liabilities could be treated in bankruptcy.

 

The roundtable featured comments from Lance Gurley, managing director at Blackhill Partners and Richard Goldman, legal analyst at Debtwire. They joined Debtwire Investigations’ Marion Halftermeyer, Alex Plough and Jon Berke for the discussion.

 

CLICK HERE to access the slide presentation.

 

CLICK HERE for the full Debtwire Investigations story, first published on 12 September.

 

CLICK HERE to listen to the podcast.