Transferring All or Part of the Record Title Interest in a Lease

  1. Law
  2. CFR 30
  3. Mineral Resources
  4. Bureau of Ocean Energy Management, Department of the Interior
  5. Offshore
  6. Leasing of Sulfur or Oil and Gas and Bonding Requirements in the Outer Continental Shelf
  7. Transferring All or Part of the Record Title Interest in a Lease

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Section
556.700

May I assign or sublease all or any part of the record title interest in my lease?

Section
556.701

How do I seek approval of an assignment of the record title interest in my lease, or a severance of operating rights from that record title interest?

Section
556.702

When will my assignment result in a segregated lease?

Section
556.703

What is the effect of the approval of the assignment of 100 percent of the record title in a particular aliquot(s) of my lease and of the resulting lease segregation?

Section
556.704

When would BOEM disapprove an assignment or sublease of an interest in my lease?

Section
556.705

How do I transfer the interest of a deceased natural person who was a lessee?

Section
556.706

What if I want to transfer record title interests in more than one lease at the same time, but to different parties?

Section
556.707

What if I want to transfer different types of lease interests (not only record title interests) in the same lease to different parties?

Section
556.708

What if I want to transfer my record title interests in more than one lease to the same party?

Section
556.709

What if I want to transfer my record title interest in one lease to multiple parties?

Section
556.710

What is the effect of an assignment of a lease on an assignor's liability under the lease?

Section
556.711

What is the effect of a record title holder's sublease of operating rights on the record title holder's liability?

Section
556.712

What is the effective date of a transfer?

Section
556.713

What is the effect of an assignment of a lease on an assignee's liability under the lease?

Section
556.714

As a restricted joint bidder, may I transfer an interest to another restricted joint bidder?

Section
556.715

Are there any interests I may transfer or record without BOEM approval?

Section
556.716

What must I do with respect to the designation of operator on a lease when a transfer of record title is submitted?