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 585 - RENEWABLE ENERGY AND ALTERNATE USES OF EXISTING FACILITIES ON THE OUTER CONTINENTAL SHELF
  6. Subpart D - Lease and Grant Administration
  7. Topic - Lease or Grant Renewal
  8. 30 CFR § 585.428
30 CFR § 585.428
What effect does applying for a renewal have on my activities and payments?
July 29, 2020
CFR

If you timely request a renewal:

(a) You may continue to conduct activities approved under your lease or grant under the original terms and conditions for as long as your request is pending decision by BOEM.

(b) You may request a suspension of your lease or grant, as provided in §585.416, while we consider your request.

(c) For the period BOEM considers your request for renewal, you must continue to make all payments in accordance with the original terms and conditions of your lease or grant.

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§ 585.427 How long is a renewal?
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§ 585.429 What criteria will BOEM consider in deciding whether to renew a lease or grant?

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