Oil Spill Financial Responsibility (OSFR) for Offshore Facilities

On October 18, 2011, the reorganization of Title 30 removed from 30 CFR chapter II those regulations that apply to the authority of BOEM and recodifies them into a new 30 CFR chapter V entitled “Bureau of Ocean Energy Management". Regulations governing Oil Spill Financial Responsibility (OSFR) for Offshore Facilities can now be found under 30 CFR 553.