StacksVerified U.S. regulatory reference

30 CFR §203.34

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
You may not apply an RSV earned under § 203.31:
  1. (a)To production from completions less than 15,000 feet TVD SS, except in cases where the qualified well is re-perforated in the same reservoir previously perforated deeper than 15,000 feet TVD SS;
  2. (b)To production from a deep well or ultra-deep well on any other lease, except as provided in paragraph (c) of § 203.33;
  3. (c)To any liquid hydrocarbon (oil and condensate) volumes; or
  4. (d)To production from a deep well or ultra-deep well that commenced drilling before:
    1. (1)March 26, 2003, on a lease that is located entirely or partly in water less than 200 meters deep; or
    2. (2)May 18, 2007, on a lease that is located entirely in water more than 200 meters deep.