1. LawStack
  2. Title 30 - Mineral Resources
  3. Chapter V - BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR
  4. Subchapter B - OFFSHORE
  5. Part 560 - OUTER CONTINENTAL SHELF OIL AND GAS LEASING
  6. Subpart B - Bidding Systems
  7. Topic - Eligible Leases
  8. 30 CFR § 560.211
30 CFR § 560.211
When does an eligible lease qualify for a royalty suspension volume?
July 29, 2020
CFR

(a) Your eligible lease will receive a royalty suspension volume as specified in the Act. The bidding system in §560.110(g) applies.

(b) Your eligible lease may receive a royalty suspension volume only if your entire lease is west of 87 degrees, 30 minutes West longitude.

[76 FR 64623, Oct. 18, 2011. Redesignated at 81 FR 18175, Mar. 30, 2016]

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§ 560.210 How do royalty suspension volumes apply to eligible leases?

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