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 E - Payments and Financial Assurance Requirements
  7. Topic - Payments
  8. 30 CFR § 585.504
30 CFR § 585.504
How are my payments affected if I develop my lease in phases?
July 29, 2020
CFR

If you develop your commercial lease in phases, as approved by us in your COP under §585.629, you must pay ONRR, under the regulations at 30 CFR part 1218:

(a) Rent on the portion of the lease that is not authorized for commercial operations.

(b) Operating fees on the portion of the lease that is authorized for commercial operations, in the amount specified in §585.506 and as described in §585.503(b).

(c) Rent for a project easement in addition to lease rent, as provided in §585.507. You must commence rent payments for your project easement upon our approval of your COP.

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§ 585.503 What are the rent and operating fee requirements for a commercial lease?
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§ 585.505 What are the rent and operating fee requirements for a limited lease?

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