Approval of operating, drilling or development contracts ordinarily shall be granted only to permit operators or pipeline companies to enter into contracts with a number of lessees sufficient to justify operations on a scale large enough to justify the discovery, development, production or transportation of oil or gas and to finance the same.
source: 48 FR 33662, July 22, 1983, unless otherwise noted.
cite as: 43 CFR 3105.3-2