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Federal regulations · Through 2026-08-25 · Newer source version available

30 CFR 556.515: May a person be exempted from joint bidding restrictions?

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Where this section sits in the code
  1. Title 30—Mineral Resources
  2. CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR
  3. SUBCHAPTER B—OFFSHORE
  4. PART 556—LEASING OF SULFUR OR OIL AND GAS AND FINANCIAL ASSURANCE REQUIREMENTS IN THE OUTER CONTINENTAL SHELF
  5. Subpart E—Issuance of a Lease

BOEM may exempt you from some or all of the reporting requirements listed in § 556.513, and/or some or all of the joint bidding restrictions listed in §§ 556.511 and/or 556.512(a), (b), and/or (c), if, after opportunity for a hearing, BOEM determines that the extremely high costs in an area will preclude exploration and development without an exemption.

Collected 2026-08-27T02:25:24Z. Source file · JSON

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