# Surety Bonds for Outer Continental Shelf Leases
> **Bureau of Land Management** · Final rule. · Published 1997-05-22 · 62 FR 27948
## Document
- **Document number:** 97-13199
- **Category:** oil-gas-leasing
- **Sub-agency:** Bureau of Land Management
- **Federal Register citation:** 62 FR 27948
- **CFR reference:** 30 CFR 250
- **Publication date:** 1997-05-22
## Abstract

This rule amends the surety bond provisions of Minerals Management Service (MMS) regulations to establish December 8, 1997, as the deadline for Outer Continental Shelf (OCS) oil and gas and sulphur lessees to comply with new levels of bond coverage established in 1993. It also makes other changes that reduce the risk of default by an underfunded entity who operates a lease or holds a pipeline right-of- way or geological and geophysical (G&G) exploration permit to drill a deep stratigraphic test well.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1997/05/22/97-13199/surety-bonds-for-outer-continental-shelf-leases)
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