GroundRules
43 CFR 3162.2-13: -13 If I acquire an interest in a lease that is being drained, will the Department assess me for compensatory royalty?
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 3160—ONSHORE OIL AND GAS OPERATIONS
- Subpart 3162—Requirements for Operating Rights Owners and Operators
If you acquire an interest in a Federal or Indian lease through an assignment of record title or transfer of operating rights under this part, you are liable for all drainage obligations accruing on and after the date we approve the assignment or transfer.
Collected 2026-08-27T02:26:15Z. Source file · JSON