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

  1. Law
  2. CFR 30
  3. Mineral Resources
  4. Bureau of Ocean Energy Management, Department of the Interior
  5. Offshore
  6. Outer Continental Shelf Oil and Gas Leasing
  7. Bidding Systems
  8. Eligible Leases
  9. How long will a royalty suspension volume for an eligible lease be effective?

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§ 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]


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