30 CFR §203.53
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)If we approve your application and you meet certain conditions, we will reduce the pre-application effective royalty rate by one-half on production up to the relief volume amount. If you produce more than the relief volume amount:
- (b)Regardless of the level of production or prices (see § 203.54), royalty payments due under end-of-life relief will not exceed the royalty obligations that would have been due at the effective royalty rate.