Date of Award
5-17-2015
Document Type
Masters Project
Abstract
This Master's of Natural Resource Management and Geography project assesses the potential liability the State of Alaska faces with the non-bonded coverage of Dismantle, Removal, and Restoration obligations associated with hydrocarbon leases on state managed lands in Cook Inlet. There are four components to this assessment. First, a Chain-of-Title spreadsheet documents the percentage of Working Interest Ownership held by all companies in study leases from the time of first production through February 2015. Second, a Degrees-of-Separation spreadsheet measures the layers of corporate separation from previous lessees to entities in existence today that could perform obligations. Third, a Special Purpose Entity spreadsheet indicates lease percentages held by companies with corporate histories of less than three years prior to assumption of a Cook Inlet lease. And four, a written opus that describes the relationships between these spreadsheets and how they demonstrate that under current mechanisms of non-bonded coverage the State of Alaska's exposure to Dismantle, Removal, and Restoration liability increases through time as the hydrocarbon reserves in the ground reach the end of productive life.
Recommended Citation
McIntyre, Haley, "State of Alaska exposure for the dismantle, removal, & restoration obligations of hydrocarbon leases in Cook Inlet: an assessment of how current mechanisms of non-bonded coverage increase this risk over time" (2015). Natural Resources . 48.
https://ualaska.researchcommons.org/uaf_grad_nat_resources/48
Handle
http://hdl.handle.net/11122/8848