BRIEF DESCRIPTION
The Alaska Oil and Gas Conservation Commission has amended 20 AAC 25.025. The regulations update bonding requirements to ensure that bonding amounts better protect the state against potential costs associated with plugging and abandonment of wells.
The Lieutenant Governor signed and filed the regulation changes on February 5, 2021, with an effective date of March 7, 2021.
The regulations will appear in Register 237, April 2021, of the Alaska Administrative Code. For further information or to obtain a copy of the amended regulations, contact Jody Colombie at (907) 793-1221, fax (907) 276-7542, or e-mail jody.colombie@alaska.gov.