# 30 CFR § 553.20: What methods may I use to demonstrate OSFR?

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-30-553.20

## Section

- **Citation:** 30 CFR § 553.20
- **Heading:** What methods may I use to demonstrate OSFR?
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 30—Mineral Resources > CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR > SUBCHAPTER B—OFFSHORE > PART 553—OIL SPILL FINANCIAL RESPONSIBILITY FOR OFFSHORE FACILITIES > Subpart C—Methods for Demonstrating OSFR

## Text

As the designated applicant, you may satisfy your OSFR requirements by using one or a combination of the following methods to demonstrate OSFR:
(a) Self-insurance under §§ 553.21 through 553.28;
(b) Insurance under § 553.29;
(c) An indemnity under § 553.30;
(d) A surety bond under § 553.31; or
(e) An alternative method the Director approves under § 553.32.

## Nearby sections

- [30 CFR § 553.1 § 553.1 What is the purpose of this part?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.1.md)
- [30 CFR § 553.3 § 553.3 How are the terms used in this regulation defined?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.3.md)
- [30 CFR § 553.5 § 553.5 What is the authority for collecting Oil Spill Financial Responsibility (OSFR) information?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.5.md)
- [30 CFR § 553.10 § 553.10 What facilities does this part cover?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.10.md)
- [30 CFR § 553.11 § 553.11 Who must demonstrate OSFR?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.11.md)
- [30 CFR § 553.12 § 553.12 May I ask BOEM for a determination of whether I must demonstrate OSFR?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.12.md)
- [30 CFR § 553.13 § 553.13 How much OSFR must I demonstrate?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.13.md)
- [30 CFR § 553.14 § 553.14 How do I determine the worst case oil-spill discharge volume?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.14.md)
- [30 CFR § 553.15 § 553.15 What are my general OSFR compliance responsibilities?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.15.md)
- [30 CFR § 553.20 § 553.20 What methods may I use to demonstrate OSFR?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.20.md)
- [30 CFR § 553.21 § 553.21 How can I use self-insurance as OSFR evidence?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.21.md)
- [30 CFR § 553.22 § 553.22 How do I apply to use self-insurance as OSFR evidence?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.22.md)
- [30 CFR § 553.23 § 553.23 What information must I submit to support my net worth demonstration?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.23.md)
- [30 CFR § 553.24 § 553.24 When I submit audited annual financial statements to verify my net worth, what standards must they meet?](https://www.frixlaw.com/law-library/statutes/ecfr-30-553.24.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-30-553.20. Check the current official text before relying on it. Not legal advice.