GroundRules
30 CFR 556.1000: Leases formerly eligible for a bonus or royalty credit.
Where this section sits in the code
- Title 30—Mineral Resources
- CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER B—OFFSHORE
- PART 556—LEASING OF SULFUR OR OIL AND GAS AND FINANCIAL ASSURANCE REQUIREMENTS IN THE OUTER CONTINENTAL SHELF
- Subpart J—Bonus or Royalty Credits for Exchange of Certain Leases
Bonus or royalty credits were available to lessees with leases:
(a) In effect on December 20, 2006, and located in:
(1) The Eastern Planning Area and within 125 miles of the coastline of the State of Florida; or,
(2) The Central Planning Area and within the Desoto Canyon OPD, the Destin Dome OPD, or the Pensacola OPD and within 100 miles of the coastline of the State of Florida.
(b) The deadline for applying for such a bonus or royalty credit was October 14, 2010; therefore, lessees may no longer apply for such credits.
Collected 2026-08-27T02:25:24Z. Source file · JSON