1. LawStack
  2. Title 30 - Mineral Resources
  3. Chapter II - BUREAU OF SAFETY AND ENVIRONMENTAL ENFORCEMENT, DEPARTMENT OF THE INTERIOR
  4. Subchapter A - MINERALS REVENUE MANAGEMENT
  5. Part 203 - RELIEF OR REDUCTION IN ROYALTY RATES
  6. Subpart B - OCS Oil, Gas, and Sulfur General
  7. Topic - Royalty Relief for End-of-Life Leases
  8. 30 CFR § 203.56
30 CFR § 203.56
Does relief transfer when a lease is assigned?
July 29, 2020
CFR

Yes. Royalty relief is based on the lease circumstances, not ownership. It transfers upon lease assignment.

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§ 203.55 Under what conditions can my end-of-life royalty relief arrangement for an oil and gas lease be ended?
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§ 203.50 Who may apply for end-of-life royalty relief?

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