We are in the midst of uncertain and changing times for offshore operations.  This presentation will address a series of recent executive and secretarial actions (e.g., the de facto moratorium on lease sales) and the uncertainty caused by those actions, recent regulatory developments that are notable for offshore operators (e.g., federal royalties; suspensions of operations and production; venting and flaring; financial assurance), and recent judicial developments that are notable for offshore operators (e.g., litigation in response to the de facto moratorium on lease sales; jurisprudence addressing contractor liability under OCSLA).