Report Item 3560-001-0001 of Section 2 of the Budget Act of 2018 (LAO)

Update on the the status of negotiations with and amount of funding received from ExxonMobil for the Platform Holly project and the amount ultimately received from the Rincon Island Limited Partnership performance bond; the project status and work accomplished, timelines for completion, and latest project cost estimates for the commission’s work at both Platform Holly and Rincon Island; and the status of lease renegotiations with existing offshore platform and island lessees and the specific protections put in place to limit future state liability

State Lands Commission

Item 3560-001-0001 of Section 2 of the Budget Act of 2018 (LAO)

Budget committees of the Legislature

By January 10, 2019

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