Financial Assurance Data
Our NEW OCS/Offshore Financial Assurance Module (Decommissioning Cost Estimate) will help you with a company's financial evaluation.
BOEM Risk Management develops financial risk policy designed to protect the United States from financial loss when a leaseholder or operator is unable to pay rents, royalties, or perform required decommissioning.
The OCS BBS Offshore Financial Assurance Module is very simple. You enter a BOEM qualified company name or partial company name and it will return the following results for that entity:
- Lease Owner History - Historical Transfers to search predecessor in title (active or inactive leases)
- Bond Scanned Images and Index for Area-Wide and Developmental Bonds: View Bond images
- Bond Index for Supplemental and General Bonds: Index for details on the Bonds
- P&A Lease Liabilities - A total P&A Liability (from well, pipeline and platform decom costs)
- Company Financial News - Industry articles related to financial news
- Company Qualification Card Information - Allows you to view the company name, mailing address and contact names within a company authorized to act on behalf of the company for BOEM business such as President, Vice-President, Land Manager, Attorney, Secretary, etc.
- NRF Scanned Images: Mortgages, Liens, Overrides, Abstracts of Judgment, UCC Filings, and more
- Pending Assignments - Assignments filed, but not yet approved (Record Title or Operating Rights)
- Record Title Ownership - Percentage of ownership within a lease
- Listed as Operator - company listed as operator of a given lease
- Active Operating Rights - different ownerships of lease production based on geographic subdivisions of a lease and/or depth limitations
- Operating Rights Historical - historical transfer of operating rights ownership
- Active RUE's - Rights of Use and Easement
- Rights of Way - ROW permit associated with a pipeline
- Platform INC's - Incidents of Non-Compliance
- Plans - Describes Exploration (POE) and Development (DOCD) planned for a lease
- Applications To Drill - Permit to drill by lease under existing Exploration or Development Plan
- Daily Well Operations - Workover activities such as Acidize, Change Well Name, Change Zone, Initial Completion, P&A, T&A, Sidetrack, Bypass, Re-perforation, Rig Tracking & more
- List of Company's Well Boreholes - all company's well
- List of Company's Platforms - all company's platforms
- List of Company's Pipelines - all company's pipelines
- Company Mergers - offshore qualified merger/name changes