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Furthermore, difficulties arising in individual bankruptcy proceedings, such as the incapacity to market much less valuable belongings that fall short to generate new prospective buyers at auction, may end up in unplugged wells and orphaned infrastructure. This could bring about the American taxpayer paying the associated fee to plug Individuals wells and decommission that deserted infrastructure.
A commenter asked for that the Division rethink making it possible for oil and fuel operators to decommission pipelines set up and should make sure that BSEE's decommissioning prices sufficiently meet the price of eliminating all pipeline with the seafloor. Response:
award, “the coastal Point out must tolerate some standard of nuisance through civilian protest assuming that it doesn't amount to an ‘interference While using the physical exercise of its sovereign rights’” (para. 328). A single could raise that in this article the relevance of the award is limited because it discounts with sovereign legal rights within the distinctive economic zone (EEZ), not with rights relating to activities in the Area.
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