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

43 CFR 3109.14: Award of lease or compensatory royalty agreement.

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Where this section sits in the code
  1. Title 43—Public Lands: Interior
  2. Subtitle B—Regulations Relating to Public Lands
  3. CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
  4. SUBCHAPTER C—MINERALS MANAGEMENT (3000)
  5. PART 3100—OIL AND GAS LEASING
  6. Subpart 3109—Leasing under Special Acts

Award of lease to the owner of the right-of-way, or a contract for the payment of compensatory royalty by the owner or lessee of the adjoining lands will be made to the bidder whose offer is determined by the authorized officer to be to the best advantage of the United States, considering the amount of royalty to be received and the better development under the respective means of production and operation.

Collected 2026-08-27T02:26:15Z. Source file · JSON

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