Underground Injection Control (UIC) financial responsibilities guidance documents provide guidance for:
- UIC program directors
- Geologic sequestration (GS) well owners or operators
- Independent third party providers
Financial responsibility requirements are designed to ensure that owners or operators have the resources to carry out required GS activities. Protecting underground sources of drinking waters depends upon the availability of sufficient financial resources for operation and closure.
The guidance provided below describes the following:
- Financial instruments that owners or operators of Class VI wells can select to demonstrate financial responsibility, as well as the relative strengths and weaknesses associated with each instrument
- Minimum specifications and conditions of financial coverage that owners or operators must use to demonstrate compliance with the GS Rule requirements
- Submission requirements for owners or operators demonstrating financial responsibility and review requirements for the UIC Program Director
- Ongoing financial responsibilities of the owners or operators of Class VI wells and the UIC Program Director
Geologic Sequestration of Carbon Dioxide: Underground Injection Control (UIC) Program Class VI Financial Responsibility Guidance (PDF)(127 pp, 924 K,
This document details recommended types of financial mechanisms that can be used to meet the Class VI Final Rule requirements for financial responsibility and provides guidance on use.
Revised Federal Financial Responsibility Demonstrations for Owners or Operators of Class II Oil- and Gas-Related Injection Wells (PDF)(27 pp, 789 K,
This revised guidance clarifies the role of financial responsibility as a means of supporting the regulated community's compliance with legal obligations.
EPA Guidance for Adjusting Plugging and Abandonment Cost Estimates (PDF)(4 pp, 763 K,
July 9, 2014)
This guidance provides owner or operators of Class I hazardous waste injection wells an alternate cost index to fulfill the financial responsibility requirements of the UIC regulations.