30 CFR § 553.22 - How do I apply to use self-insurance as OSFR evidence?

---
identifier: "/us/cfr/t30/s553.22"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "30 CFR § 553.22 - How do I apply to use self-insurance as OSFR evidence?"
title_number: 30
title_name: "Mineral Resources"
section_number: "553.22"
section_name: "How do I apply to use self-insurance as OSFR evidence?"
chapter_name: "BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "B"
subchapter_name: "OFFSHORE"
part_number: "553"
part_name: "OIL SPILL FINANCIAL RESPONSIBILITY FOR OFFSHORE FACILITIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "33 U.S.C. 2704, 2716; 2716a; E.O. 12777, as amended."
regulatory_source: "76 FR 64623, Oct. 18, 2011, unless otherwise noted."
cfr_part: "553"
---


# 553.22 How do I apply to use self-insurance as OSFR evidence?

(a) You must submit a complete Form BOEM-1018 with each application to demonstrate OSFR using self-insurance.

(b) You must submit your application to renew OSFR using self-insurance by the first calendar day of the 5th month after the close of your fiscal year. You may submit to BOEM your initial application to demonstrate OSFR using self-insurance at any time.