Archived News

Platform Houchin at sunset

Archived information about Risk Management Program outreach activities can be found below.

BOEM will conduct workshops to answer questions on the Requiring Additional Security NTL and to provide examples of tailored financial assurance plans. 

New Orleans Workshop Agenda

New Orleans Workshop Video

Houston Workshop Presentations

Houston Workshop Questions and Answers

Press Release - Notice of Availability of Notice to Lessees and Operators of Federal Oil and Gas, and Sulfur Leases, and Holders of Pipeline Right-of-Way and Right-of-Use and Easement Grants in the Outer Continental Shelf-Requiring Additional Security (July 18, 2016)

Federal Register Notice - BOEM Announces Updated Financial Assurance and Risk Management Requirements for Offshore Leases (July 14, 2016)

Forum on Proposed Financial Assurance Criteria (October 2015)

General Financial Assurance (General Bonding NTL) (August 2015)

  • On August 28, 2015, BOEM issued a Notice to Lessees and Operators (NTL No. 2015-N04) which supersedes NTL No. 2000-G16, dated September 7, 2000. This NTL provides updates to Bureau names and citations that changed as a result of the reorganization of the former Minerals Management Service (MMS), and broadens the scope of the superseded NTL to a National NTL that covers all Bureau of Ocean Energy Management (BOEM) general bond (financial assurance) requirements.

    This General Financial Assurance NTL does not address additional security (supplemental bonding) that the Regional Director (RD) may require pursuant to 30 CFR § 556.53 (d).

OCS Advisory Board's 2015 Offshore Summer Seminar (June 2015)

Offshore Financial Assurance Forum Resources (February 2015)

The Bureau of Ocean Energy Management (BOEM) hosted an Offshore Financial Assurance Forum on February 26, 2015, in New Orleans, Louisiana. During this forum, BOEM presented its vision for a comprehensive update to BOEM’s offshore financial assurance protocols and standards framework. The framework included both near-term priorities that can be achieved through operational changes and longer-term priorities that will require updates to BOEM’s regulations. This work is an extension of the 2014 Advance Notice of Proposed Rulemaking (ANPR). A panel of BOEM speakers answered a variety of questions on Risk Management, Financial Assurance, and Loss Prevention topics.