30 CFR 560.213 - How long will a royalty suspension volume for an eligible lease be effective?

Regulations last checked for updates: May 18, 2024

Title 30 - Mineral Resources last revised: May 15, 2024

View all text of Subpart B [§ 560.200 - § 560.230]

§ 560.213 - How long will a royalty suspension volume for an eligible lease be effective?

A royalty suspension volume for an eligible lease will continue through the end of the month in which cumulative production from the leases in a field entitled to share the royalty suspension volume reaches that volume or the lease period ends.

[76 FR 64623, Oct. 18, 2011. Redesignated at 81 FR 18175, Mar. 30, 2016]

authority: Section 104, Public Law 97-451, 96 Stat. 2451 (30 U.S.C. 1714), Public Law 109-432, Div C, Title I, 120 Stat. 3000; 30 U.S.C. 1751; 31 U.S.C. 9701; 43 U.S.C. 1334; 33 U.S.C. 2704,2716; E.O. 12777, as amended; 43 U.S.C. 1331

source: 76 FR 64623, Oct. 18, 2011, unless otherwise noted.

cite as: 30 CFR 560.213