43 CFR 3179.5 - When lost production is subject to royalty.

Regulations last checked for updates: Jun 02, 2024

Title 43 - Public Lands: Interior last revised: May 13, 2024

§ 3179.5 - When lost production is subject to royalty.

(a) Royalty is due on all avoidably lost oil or gas.

(b) Royalty is not due on any unavoidably lost oil or gas.

authority: 25 U.S.C. 396d and 2107; 30 U.S.C. 189,306,359,and; and 43 U.S.C. 1732(b), 1733, and 1740

source: 81 FR 81421, Nov. 17, 2016, unless otherwise noted.

cite as: 43 CFR 3179.5