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

30 CFR 581.46: Relinquishment of leases or parts of leases.

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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 581—LEASING OF MINERALS OTHER THAN OIL, GAS, AND SULPHUR IN THE OUTER CONTINENTAL SHELF
  5. Subpart E—Termination of Leases

(a) A lease or any part thereof may be surrendered by the record title holder by filing a written relinquishment with the Director. A relinquishment shall take effect on the date it is filed subject to the continued obligation of the lessee and the surety to:

(1) Make all payments due, including any accrued rentals and royalties; and

(2) Abandon all operations, remove all facilities, and clear the land to be relinquished to the satisfaction of the Director.

(b) Upon relinquishment of a lease, the data and information submitted under the lease will no longer be held confidential and will be available to the public.

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

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