Author Profile

Nikki Martin

President, International Association of Geophysical Contractors

Nikki Martin is the President of the Texas-based International Association of Geophysical Contractors.

Latest Columns

President Trump’s offshore executive order is an important first step

Applied properly, financial assurance is a common-sense requirement. To qualify for a lease, energy companies currently must put up bonds or other collateral to ensure there will be funds to decommission a well once the oil and gas have been extracted. This ensures that bankruptcy or malfeasance can’t endanger the environment or force taxpayers to foot the bill to plug a well.