StacksVerified U.S. regulatory reference

30 CFR §550.119

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
The Regional Supervisor may authorize subsurface storage of gas on the OCS, on and off-lease, for later commercial benefit. The Regional Supervisor may authorize subsurface storage of gas on the OCS, off-lease, for later commercial benefit. To receive approval you must:
  1. (a)Show that the subsurface storage of gas will not result in undue interference with operations under existing leases; and
  2. (b)Sign a storage agreement that includes the required payment of a storage fee or rental.