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Unformatted text preview: reservoir contains sufficient volumes of hydrocarbons to warrant investment in the See Department of Interior, Increased Safety Measures for Energy Development on the Outer Continental Shelf, (May 27, 2010). Although there is no single accepted definition of “deepwater,” a common use of the term is to refer to locations where the water depth is at least 1,000 feet. 12 Id. “Operators” are the persons the lessee(s) designates as having control or management of operations on the leased area or a portion thereof. An operator may be a lessee, the MMS‐ approved designated agent of the lessee(s), or the holder of operating rights under an MMS‐ approved operating rights assignment. “Lessee” means a person who has entered into a lease with the United States to explore for, develop, and produce the leased minerals. The term lessee also includes the MMS‐approved assignee of the lease, and the owner or the MMS‐approved assignee of operating rights for the lease. 30 CFR § 250.105. 13 13 installation of equipmen...
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This note was uploaded on 01/18/2014 for the course BEPP 305 taught by Professor Nini during the Fall '11 term at UPenn.

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