StacksVerified U.S. regulatory reference

43 CFR §3105.32

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
Approval of operating, drilling or development contracts will be granted only to permit operators or pipeline companies to enter into contracts with a number of lessees sufficient to justify operations on a scale large enough to justify the discovery, development, production or transportation of oil or gas and to finance the same.