43 CFR 3137.134: What happens to committed leases if the unit terminates?
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
(a) If the unit terminates, all committed NPR-A leases return to individual lease status and are subject to their original provisions.
(b) An NPR-A lease that has completed its primary term on or before the date the unit terminates will expire unless it is granted an extension or renewal under § 3135.1-5 or § 3135.1-6.
Collected 2026-08-27T02:26:15Z. Source file · JSON