NOTICE OF PROPOSED CHANGES ON BONDING
IN THE REGULATIONS OF ALASKA OIL AND GAS CONSERVATION COMMISSION
The Alaska Oil and Gas Conservation Commission proposes to adopt regulation changes in 20 AAC 25.025 of the Alaska Administrative Code, dealing with Bonding, including the following:
(1) 20 AAC 25.025 is proposed to be repealed and rewritten as follows: Increasing the minimum bonding amount to more accurately reflect the costs of abandoning wells by establishing a multi-tiered bonding schedule based on the number of wells an operator has.
You may comment on the proposed regulation changes, including the potential costs to private persons of complying with the proposed changes, by submitting written comments to Jody Colombie at 333 West 7th Avenue, Anchorage, Alaska 99501. Additionally, the Alaska Oil and Gas Conservation Commission will accept comments by facsimile at (907) 276-7542 and by electronic mail at aogcc.customer.svc@alaska.gov. Comments may also be submitted through the Alaska Online Public Notice System, by accessing this notice on the system and using the comment link. The comments must be received not later than 4:30 p.m. on October 16, 2018.
Written comments also may be submitted at a hearing to be held on October 16, 2018, at 333 West 7th Avenue, Anchorage, Alaska 99501. The hearing will be held from 10:00 a.m. to 2:00 p.m. and might be extended to accommodate those present before 10:30 a.m. who did not have an opportunity to comment.
If you are a person with a disability who needs a special accommodation in order to participate in this process, please contact Jody Colombie at jody.colombie@alaska.gov or mailing 333 West 7th Avenue, Anchorage, Alaska 99501 or calling (907) 793-1221 not later than October 10, 2018 to ensure that any necessary accommodation can be provided.
For a copy of the proposed regulation changes, contact Jody Colombie at the Alaska Oil and Gas Conservation Commission at West 7th Avenue, Anchorage, Alaska 99501 or calling (907) 793-1221, or go to http://doa.alaska.gov/ogc/.
After the public comment period ends, the Alaska Oil and Gas Conservation Commission may either adopt the proposed regulation changes or other provisions dealing with the same subject, without further notice, or decide to take no action. The language of the final regulation may be different from that of the proposed regulation. You should comment during the time allowed if your interests could be affected.
Statutory authority: AS 31.05.030
Statutes being implemented, interpreted, or made specific: AS 31.05.030
Fiscal information: The proposed regulation changes are not expected to require an increased appropriation
Date: August 14, 2018
//signature on file//
Hollis S. French, Chair, Commissioner
Alaska Oil and Gas Conservation Commission
ADDITIONAL REGULATION NOTICE INFORMATION
(AS 44.62.190(g))
1. Adopting agency: Alaska Oil and Gas Conservation Commission
2. General subject of regulation: Bonding
3. Citation of regulation (may be grouped): 20 AAC.25.025
4. Department of Law file number, if any:
5. Reason for the proposed action:
( ) Compliance with federal law
( ) Compliance with new or changed state statute
( ) Compliance with court order
( ) Development of program standards
(X) Other (identify): Current bonding requirements are insufficient to ensure a well can be properly plugged and abandoned.
6. Appropriation/Allocation: 2010/21
7. Cost of implementation to the state agency and available funding (in thousands of dollars):
Initial Year Subsequent
FY2020 Years
Operating Cost $0 $0
Capital Cost $0 $0
1002 Federal receipts $0 $0
1003 General fund match $0 $0
1004 General fund $0 $0
1005 General fund/
program $0 $0
Other (identify) $0 $0
8. The name of the contact person for the regulation:
Name: Jody Colombie
Title: Special Assistant to the Commission
Address: 333 West 7th Avenue, Anchorage, AK 99501
Telephone: (907) 793-1221
E-mail address: jody.colombie@alaska.gov
9. The origin of the proposed action:
__X___ Staff of state agency
_____ Federal government
_____ General public
_____ Petition for regulation change
_____ Other (identify)
10. Date: August 14, 2018 Prepared by:
Name: Jody Colombie
Title: Special Assistant to the Commission
Telephone: (907) 793-1221