Today, BOEM released fact sheets describing the Drilling Safety and Safety and Environmental Management (SEMS) rules. The complete documents will be available for review as soon as they are published in the Federal Register.
Based on the fact sheet, the Drilling Safety Rule does not appear to include any significant surprises. The rule seems to be generally consistent with the recommendations in Secretary Salazar’s 27 May Safety Measures Report to the President (the “30-Day Report”). This is an Interim Final Rule that will be effective upon publication.
According to the fact sheet, the SEMS Rule will incorporate all elements of API RP 75 into BOEM regulations. This is an improvement, in my opinion, from the proposed rule which incorporated only 4 elements of RP 75. The effective date for this rule is not indicated in the fact sheet.
Bud's Offshore Energy (BOE) 
Bud,
I suppose the IFR and SEMS Final Rule will be posted tomorrow – it’s odd to issue a public statement without the rules being published. SEMS makes more sense with all 13 elements, as you know, it is hard to implement a few without implementing all of them!
I will be looking for the FR
Yes, I’m sure there will be lots of interest in the FR Notices. Busy times for the folks in BOEM.