{"id":69,"date":"2017-04-18T06:31:36","date_gmt":"2017-04-18T06:31:36","guid":{"rendered":"https:\/\/dev.hierarchy.agency\/gulfenergy\/?p=69"},"modified":"2022-09-26T09:01:11","modified_gmt":"2022-09-26T09:01:11","slug":"op-ed-drain-the-swamp-not-the-gulf","status":"publish","type":"post","link":"https:\/\/dev.hierarchy.agency\/gulfenergy\/op-ed-drain-the-swamp-not-the-gulf\/","title":{"rendered":"Op-ed: Drain the Swamp, Not The Gulf"},"content":{"rendered":"<p>Last week, John Melko, a partner in the Houston office of Gardere Wynne Sewell LLP and chair of the firm\u2019s Financial Restructuring and Reorganization Practice Group, penned this op-ed for the Oil &amp; Gas Financial Journal.<\/p>\n<p>John correctly pointed out how the NTL issued by BOEM late last year is a solution in search of a problem: \u201cDespite all the recent bankruptcies of offshore operators, the government has not had to spend any of its (i.e., our) money to perform plugging and abandonment (P&amp;A) or decommissioning work. The reasons are explained below, but keep that fact in mind as you think about the effect that NTL-2016 and the increased bonding requirements have had, and will have, on the industry.\u201d<\/p>\n<p>Thank you John for your perspective. We encourage you all to check it out!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, John Melko, a partner in the Houston office of Gardere Wynne Sewell LLP and chair of the firm\u2019s Financial Restructuring and Reorganization Practice Group, penned this op-ed for the Oil &amp; Gas Financial Journal. John correctly pointed out how the NTL issued by BOEM late last year is a solution in search of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":79,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-69","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/posts\/69","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/comments?post=69"}],"version-history":[{"count":6,"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/posts\/69\/revisions"}],"predecessor-version":[{"id":174,"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/posts\/69\/revisions\/174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/media\/79"}],"wp:attachment":[{"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/media?parent=69"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/categories?post=69"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.hierarchy.agency\/gulfenergy\/wp-json\/wp\/v2\/tags?post=69"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}