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Risk Management and Financial Assurance for OCS Lease and Grant Obligations – Proposed BOEM Changes

$199.99

Stay ahead of critical regulatory changes with this course on BOEM’s proposed updates to risk management and financial assurance for Outer Continental Shelf (OCS) lease and grant obligations. Learn how the rule reshapes financial requirements for oil, gas, and sulfur operators, expands liability to predecessors, and revises credit rating thresholds. Discover how these changes could reduce over $6 billion in financial burden, affect decommissioning responsibilities, and impact your compliance strategy.

In this course you will learn the following:
* Explain the purpose and goals of the proposed rule.
* Identify key changes and provisions introduced by the rule.
* Understand the process for public comment and stakeholder engagement.
* Recognize the potential impacts and benefits of the rule.
* Appreciate that the rule is subject to change based on feedback.

NOTE: Unless otherwise indicated, all course purchases are for access to the course for a period of 1-year.  At the end of the one year term, the course will be set to “inactive”. 

Why This Course is Important
Without this course, you risk being unprepared for new financial assurance standards and regulatory obligations, potentially facing compliance gaps or unexpected liability exposure under BOEM’s revised framework.

Course Details
This is a self-paced eLearning course based on the Federal Register Document titled Risk Management and Financial Assurance for OCS Lease and Grant Obligations.

Key regulatory references include:

Course SKU
FR-26-1783-1