Project Number | 600 |
Date of Summary | May 8, 2008 |
Subject | A Review and Update of Supplemental Bonding Requirements in the Gulf of Mexico |
Performing Activity | Louisiana State University |
Principal Investigator | Mark J. Kaiser |
Contracting Agency | Minerals Management Service |
Estimated Completion | August 31, 2008 |
Description |
The objective of the project is to update and refine the MMS bonding
database and associated cost curves; describe the purpose, requirements, and
constraints and limitations of bonding mechanisms, and to develop
alternative risk-adjusted bonding formulas for MMS review. Tasks:
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Progress | Grant was awarded July 16, 2007. Preliminary work completed. P&A and SC&V data has been collected, processed, and published in trade and academic journals. Removal Cost data is still being collected. |
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