Part 553 - Oil Spill Financial Responsibility for Offshore Facilities  


Subpart A - General
§ 553.1 - What is the purpose of this part?
§ 553.3 - How are the terms used in this regulation defined?
§ 553.5 - What is the authority for collecting Oil Spill Financial Responsibility (OSFR) information?
Subpart B - Applicability and Amount of OSFR
§ 553.10 - What facilities does this part cover?
§ 553.11 - Who must demonstrate OSFR?
§ 553.12 - May I ask BOEM for a determination of whether I must demonstrate OSFR?
§ 553.13 - How much OSFR must I demonstrate?
§ 553.14 - How do I determine the worst case oil-spill discharge volume?
§ 553.15 - What are my general OSFR compliance responsibilities?
Subpart C - Methods for Demonstrating OSFR
§ 553.20 - What methods may I use to demonstrate OSFR?
§ 553.21 - How can I use self-insurance as OSFR evidence?
§ 553.22 - How do I apply to use self-insurance as OSFR evidence?
§ 553.23 - What information must I submit to support my net worth demonstration?
§ 553.24 - When I submit audited annual financial statements to verify my net worth, what standards must they meet?
§ 553.25 - What financial test procedures must I use to determine the amount of self-insurance allowed as OSFR evidence based on net worth?
§ 553.26 - What information must I submit to support my unencumbered assets demonstration?
§ 553.27 - When I submit audited annual financial statements to verify my unencumbered assets, what standards must they meet?
§ 553.28 - What financial test procedures must I use to evaluate the amount of self-insurance allowed as OSFR evidence based on unencumbered assets?
§ 553.29 - How can I use insurance as OSFR evidence?
§ 553.30 - How can I use an indemnity as OSFR evidence?
§ 553.31 - How can I use a surety bond as OSFR evidence?
§ 553.32 - Are there alternative methods to demonstrate OSFR?
Subpart D - Requirements for Submitting OSFR Information
§ 553.40 - What OSFR evidence must I submit to BOEM?
§ 553.41 - What terms must I include in my OSFR evidence?
§ 553.42 - How can I amend my list of COFs?
§ 553.43 - When is my OSFR demonstration or the amendment to my OSFR demonstration effective?
§ 553.44 - [Reserved]
§ 553.45 - Where do I send my OSFR evidence?
Subpart E - Revocation and Penalties
§ 553.50 - How can BOEM refuse or invalidate my OSFR evidence?
§ 553.51 - What are the penalties for not complying with this part?
Subpart F - Claims for Oil-Spill Removal Costs and Damages
§ 553.60 - To whom may I present a claim?
§ 553.61 - When is a guarantor subject to direct action for claims?
§ 553.62 - What are the designated applicant's notification obligations regarding a claim?
Subpart G - Limit of Liability for Offshore Facilities
§ 553.700 - What is the scope of this subpart?
§ 553.701 - To which entities does this subpart apply?
§ 553.702 - What limit of liability applies to my offshore facility?
§ 553.703 - What is the procedure for calculating the limit of liability adjustment for inflation?
§ 553.704 - How will BOEM publish the offshore facility limit of liability adjustment?
Appendix to Part 553 - List of U.S. Geological Survey Topographic Maps