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The Water Cooler
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Oklahoma Earthquake Politics
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<blockquote data-quote="okietool" data-source="post: 2720702" data-attributes="member: 6030"><p>No that's exactly what I am saying. The APD & COA specifically assign the liability to the lease holder. Most of the time onshore, you have damages to tenants or adjacent land owners. Lease holders are liable for damages from negligence or prohibited occurrences. Which include loss of control of the well and/or uncontrolled or unplanned release of hydrocarbons.</p><p>Admittedly, those events are almost never as catastrophic as the Deepwater Horizon, but liability and clean up obligations are probably the same.</p></blockquote><p></p>
[QUOTE="okietool, post: 2720702, member: 6030"] No that's exactly what I am saying. The APD & COA specifically assign the liability to the lease holder. Most of the time onshore, you have damages to tenants or adjacent land owners. Lease holders are liable for damages from negligence or prohibited occurrences. Which include loss of control of the well and/or uncontrolled or unplanned release of hydrocarbons. Admittedly, those events are almost never as catastrophic as the Deepwater Horizon, but liability and clean up obligations are probably the same. [/QUOTE]
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