30 CFR 560.211: When does an eligible lease qualify for a royalty suspension volume?
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 560—OUTER CONTINENTAL SHELF OIL AND GAS LEASING
- Subpart B—Bidding Systems
(a) Your eligible lease will receive a royalty suspension volume as specified in the Act. The bidding system in § 560.110(g) applies.
(b) Your eligible lease may receive a royalty suspension volume only if your entire lease is west of 87 degrees, 30 minutes West longitude.
Collected 2026-08-27T02:25:24Z. Source file · JSON