Hopefully, this is not the tip of the iceberg, but most of the estimated $4.5 billion in decommissioning liabilities associated with the Cox bankruptcy loom, as do legal questions regarding liability for Platforms Hogan and Houchin Santa Barbara Channel, and the 1130 remaining pre-1997 platforms. What portion of those liabilities cannot be assigned to prior owners with sufficient financial resources to cover the decommissioning costs?
Posts Tagged ‘Platforms Hogan and Houchin’
Taxpayer funded decommissioning is NOT a success story!
Posted in California, decommissioning, energy policy, Gulf of Mexico, Offshore Energy - General, tagged BSEE, Cox bankruptcy, Cox Operating, decommissioning, Federal funding, Matagorda Island, Platforms Hogan and Houchin on June 19, 2024| Leave a Comment »
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