43 CFR §3903.52
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)The lessee must pay royalties on all products of oil shale that are sold from or transported off of the lease.
- (b)The royalty rate for the products of oil shale is 5 percent of the amount or value of production for the first 5 years of commercial production. The royalty rate will increase by 1% each year starting the sixth year of commercial production to a maximum royalty rate of 12 1/2% in the thirteenth year of commercial production.