How do I measure natural gas production for a lease issued in a sale held after November 2000?

  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. Royalty Suspension (RS) Leases
  9. How do I measure natural gas production for a lease issued in a sale held after November 2000?

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§ 560.223 How do I measure natural gas production for a lease issued in a sale held after November 2000?

You must measure natural gas production subject to the royalty suspension volume for your lease as follows: 5.62 thousand cubic feet of natural gas, measured according to 30 CFR part 250, subpart L, equals one barrel of oil equivalent.

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


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