Methods for Demonstrating OSFR

  1. Law
  2. CFR 30
  3. Mineral Resources
  4. Bureau of Ocean Energy Management, Department of the Interior
  5. Offshore
  6. Oil Spill Financial Responsibility for Offshore Facilities
  7. Methods for Demonstrating OSFR

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Section
553.20

What methods may I use to demonstrate OSFR?

Section
553.21

How can I use self-insurance as OSFR evidence?

Section
553.22

How do I apply to use self-insurance as OSFR evidence?

Section
553.23

What information must I submit to support my net worth demonstration?

Section
553.24

When I submit audited annual financial statements to verify my net worth, what standards must they meet?

Section
553.25

What financial test procedures must I use to determine the amount of self-insurance allowed as OSFR evidence based on net worth?

Section
553.26

What information must I submit to support my unencumbered assets demonstration?

Section
553.27

When I submit audited annual financial statements to verify my unencumbered assets, what standards must they meet?

Section
553.28

What financial test procedures must I use to evaluate the amount of self-insurance allowed as OSFR evidence based on unencumbered assets?

Section
553.29

How can I use insurance as OSFR evidence?

Section
553.30

How can I use an indemnity as OSFR evidence?

Section
553.31

How can I use a surety bond as OSFR evidence?

Section
553.32

Are there alternative methods to demonstrate OSFR?