This bill amends the Outer Continental Shelf Lands Act to enhance accountability and financial responsibility for offshore oil and gas operations. It introduces a new requirement for operators to be certified as "fit to operate" before they can obtain, extend, or transfer leases, easements, or rights-of-way on the Outer Continental Shelf. This certification process evaluates an operator's past compliance with environmental and safety laws, their financial solvency , and their capacity to manage decommissioning liabilities and market shocks. To be certified, operators must demonstrate a clean record, including no violations of environmental or safety laws in the past decade, no outstanding decommissioning orders, and timely corrective actions for any incidents. They must also possess an investment grade credit rating , have no bankruptcy filings in the last ten years, and show sufficient financial capacity to fulfill all current and projected decommissioning liabilities, which must be fully collateralized. Furthermore, operators are required to disclose comprehensive information regarding their decommissioning liabilities, inspection results, non-producing wells, and incident history. The Secretary is mandated to annually assess whether certified operators remain in compliance with these standards. Failure to maintain certification can lead to severe penalties, including the suspension of the lease, imposition of fines, requirements for supplemental financial assurance equal to the total decommissioning cost, or an order to commence decommissioning. The Secretary must issue regulations to implement these fitness standards within one year of the bill's enactment and submit annual reports to Congress detailing compliance, non-compliant entities, and enforcement actions. A central provision of the bill establishes mandatory, interest-bearing escrow accounts for each oil and gas lease to ensure full funding for decommissioning infrastructure. The Secretary, or a designated third-party, will calculate and periodically update probabilistic estimates of total decommissioning costs for each lease. These estimates will inform a mandatory payment schedule, requiring that the total amount in the escrow account covers all decommissioning costs within five years of the schedule's establishment. Initial payments are required before new leases are issued or development plans approved, amounting to at least 25% of estimated decommissioning costs. Lease extensions or transfers are prohibited if payments are delinquent, and transferees must adopt the existing payment schedule. Funds in these escrow accounts can only be used for approved decommissioning purposes and cannot be committed as collateral. The bill also restricts the temporary abandonment of oil wells to a maximum of three years, with a one-time extension to five years possible under specific conditions related to operational stability or environmental safety.