43 CFR 3140.50: Duration of the lease.
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 3140—LEASING IN SPECIAL TAR SAND AREAS
- Subpart 3140—Conversion of Existing Oil and Gas Leases and Valid Claims Based on Mineral Locations
A combined hydrocarbon lease will be for a primary term of 10 years and for so long thereafter as oil or gas is produced in paying quantities. If the applicant withdraws the combined hydrocarbon lease application or the BLM denies the conversion application, the suspension on the oil and gas lease will be lifted and the term will be extended by the time remaining on the term of the lease.
Collected 2026-08-27T02:26:15Z. Source file · JSON