GroundRules
43 CFR 3137.131: What happens if the unit terminated before the unit operator met the initial development obligations?
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
If the unit terminated before the unit operator met the initial development obligations, BLM's approval of the unit agreement is revoked. You, as lessee, forfeit all further benefits, including extensions and suspensions, granted any NPR-A lease because of having been committed to the unit. Any lease that the BLM extended because of being committed to the unit would expire unless it had been granted an extension or renewal under § 3135.1-5 or § 3135.1-6.
Collected 2026-08-27T02:26:15Z. Source file · JSON