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

43 CFR 3137.41: What continuing development obligations must I define in a unit agreement?

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 unit agreement must provide for submission of supplemental or additional plans of development which obligate the operator to a program of exploration and development (see § 3137.71 of this subpart) that, after completion of the initial obligations —

(a) Meets or exceeds the rate of non-unit operations in the vicinity of the unit; and

(b) Represents an investment proportionate to the size of the area covered by the unit agreement.

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

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