GroundRules
30 CFR 556.602: What is the primary term of my sulfur lease?
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 F—Lease Term and Obligations
(a) Your sulfur lease will have a primary term of not more than 10 years, as specified in the lease.
(b) BOEM will announce the primary term prior to the lease sale.
(c) The lease will expire at the end of the primary term unless maintained beyond that term in accordance with the provisions of § 556.603.
Collected 2026-08-27T02:25:24Z. Source file · JSON