⚖️New Civil Penalties for Oil and Gas Operations Effective 2025
Oil and Gas and Sulfur Operations on the Outer Continental Shelf-Civil Penalty Inflation Adjustment
Summary
This final rule adjusts the maximum daily civil monetary penalty amount contained in the Bureau of Safety and Environmental Enforcement (BSEE) regulations for violations of the Outer Continental Shelf Lands Act (OCSLA), in accordance with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 and Office of Management and Budget (OMB) guidance. The civil penalty inflation adjustment, using a 1.02598 multiplier, accounts for 1 year of inflation based on the Consumer Price Index (CPI-U) from October 2023 to October 2024.
Agencies
- Interior Department
- Safety and Environmental Enforcement Bureau
Business Impact
$$ - Med
This rule directly impacts business owners in the oil and gas sector due to the adjustment of civil monetary penalties for violations of the Outer Continental Shelf Lands Act (OCSLA), increasing the maximum penalty amount from $54,352 to $55,764. This increase necessitates compliance with updated regulations, potentially affecting operational costs and risk management strategies.