GroundRules
← Search the law
Federal regulations · Through 2026-08-25 · Newer source version available

43 CFR 3927.50: Diligent development.

Read at publisher ↗
Where this section sits in the code
  1. Title 43—Public Lands: Interior
  2. Subtitle B—Regulations Relating to Public Lands
  3. CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
  4. SUBCHAPTER C—MINERALS MANAGEMENT (3000)
  5. PART 3920—OIL SHALE LEASING
  6. Subpart 3927—Lease Terms

Oil shale lessees must meet:

(a) Diligent development milestones;

(b) Annual minimum production requirements or payments in lieu of production starting the 10th lease year, except when the BLM determines that operations under the lease are interrupted by strikes, the elements, or causes not attributable to the lessee. Market conditions are not considered a valid reason to waive or suspend the requirements for annual minimum production. The BLM will determine the annual production requirements based on the extraction technology to be used and on the BLM's estimate of the recoverable resources on the lease, expected life of the operation, and other factors.

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

Browse this collection