43 CFR § 3141.5-2
Term of lease
June 11, 2020
(a) Combined hydrocarbon leases or oil and gas leases shall have a primary term of 10 years and shall remain in effect so long thereafter as oil or gas is produced in paying quantities.
(b) Tar Sand leases shall have a primary term of 10 years and shall remain in effect so long thereafter as tar sand is produced in paying quantities.
[70 FR 58615, Oct. 7, 2005]
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