{"data":{"id":"us/30-cfr-1206.355","jurisdiction":"us","citation":"30 CFR 1206.355","heading":"How do I calculate royalty due on geothermal resources I sell at arm's length to a purchaser for direct use?","body":"If you sell geothermal resources produced from Class I, II, or III leases at arm's length to a purchaser for direct use, then the royalty on the geothermal resource is the gross proceeds accruing to you from the sale of the geothermal resource to the arm's-length purchaser multiplied by the royalty rate in your lease or that BLM prescribes under 43 CFR 3211.18. See § 1206.361 for additional provisions applicable to determining gross proceeds under arm's-length sales.","path":["Title 30—Mineral Resources","CHAPTER XII—OFFICE OF NATURAL RESOURCES REVENUE, DEPARTMENT OF THE INTERIOR","SUBCHAPTER A—NATURAL RESOURCES REVENUE","PART 1206—PRODUCT VALUATION","Subpart H—Geothermal Resources"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-30.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:24Z","sha256":"979afab8c3b088ed6e05f3d627259d9f3b0d8580abce648bd180b237a796032b","source_id":"us-cfr","stale":true,"prev":"us/30-cfr-1206.354","next":"us/30-cfr-1206.356"},"notice":"GroundRules: Original legal text. Not legal advice."}