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 581 - LEASING OF MINERALS OTHER THAN OIL, GAS, AND SULPHUR IN THE OUTER CONTINENTAL SHELF
  6. Subpart C - Financial Considerations
  7. 30 CFR § 581.29
30 CFR § 581.29
Royalty valuation
July 29, 2020
CFR

Unless stated otherwise in the leasing notice and subsequently issued lease, product valuation will be in accordance with the regulations in part 1206 of chapter XII. The value used in the computation of royalty shall be determined by the Director of the Office of Natural Resources Revenue.

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§ 581.28 Royalty
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§ 581.30 Minimum royalty

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