California Public Resources Code

§ 3219.5

PRC § 3219.5 Effective Jan 1, 2001Div. 3 · Ch. 1 · Art. 4

Statute text

(a)On or before July 1, 2001, the Department of Conservation shall report to the Governor and the Legislature on options for ensuring the existence of blowout insurance for persons engaged in drilling or redrilling exploratory oil and gas wells in areas where abnormally high or unknown subsurface pressure gradients exist. The report shall consider all of the following:

(1)Types of insurance policies, which include control of well policies and policies that cover personal injury and property damage resulting from a catastrophic well blowout occurrence.

(2)Methods of setting insurance policy amounts.

…

Legislative history

Added by Stats. 2000, Ch. 737, Sec. 5. Effective January 1, 2001.