BOEM Adjusts Level of Civil Monetary Penalties for Oil & Gas Companies
Contacts: Blossom Robinson
The Bureau of Ocean Energy Management (BOEM) today announced a Final Rule that adjusts the level of maximum civil monetary penalties contained in BOEM regulations in accordance with Federal law.
The Federal Civil Penalties Inflation Adjustment Act Improvements Act (FCPIAA) of 2015 requires Federal agencies to adjust the level of civil monetary penalties for inflation annually. These adjustments are intended to maintain the deterrent effect of civil penalties and to further the policy goals of the underlying statutes.
Under the FCPIAA of 2015, this rule adjusts the maximum civil monetary penalties per day per violation to $44,675 for violations under the Outer Continental Shelf Lands Act and to $47,357 for violations under the Oil Pollution Act of 1990.
The Final Rule published in the Federal Register today, on March 26, 2019. The adjusted penalty levels are in effect immediately upon publication of this rule.
Questions about the Final Rule can be addressed by Deanna Meyer-Pietruszka, from BOEM’s Office of Policy, Regulation and Analysis at Deanna.Meyer-Pietruszka@boem.gov.