43 CFR 3137.130: Under what circumstances will BLM approve a voluntary termination of the unit?
Where this section sits in the code
- Title 43—Public Lands: Interior
- Subtitle B—Regulations Relating to Public Lands
- CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER C—MINERALS MANAGEMENT (3000)
- PART 3130—OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA
- Subpart 3137—Unitization Agreements—National Petroleum Reserve-Alaska
BLM will approve the voluntary termination of the unit at any time—
(a) Before the unit operator discovers production sufficient to establish a participating area; and
(b) The unit operator submits to BLM certification that at least 75 percent of the operating rights owners in the unit agreement, on a surface acreage basis, agree to the termination.
Collected 2026-08-27T02:26:15Z. Source file · JSON