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 Pre-Act Deep Water Leases and for Development and Expansion Projects
  8. 30 CFR § 203.66
30 CFR § 203.66
What happens if BSEE does not act in the time allowed?
July 29, 2020
CFR

If we do not act within the timeframes established under §203.65, you get royalty relief according to the following table.

Open Table
If you apply for royalty relief for And we do not decide within the time specified, As long as you
(a) An authorized field, You get the minimum suspension volumes specified in §203.69, Abide by §§203.70 and 203.76.
(b) An expansion project, You get a royalty suspension for the first year of production, Abide by §§203.70 and 203.76.
(c) A development project, You get a royalty suspension for initial production for the number of months that a decision is delayed beyond the stipulated timeframes set by §203.65, plus all the royalty suspension volume for which you qualify, Abide by §§203.70 and 203.76.
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§ 203.65 How long will BSEE take to evaluate my application?
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§ 203.67 What economic criteria must I meet to get royalty relief on an authorized field or project?

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