30 CFR Topic
Royalty Relief for Drilling Deep Gas Wells on Leases Not Subject to Deep Water Royalty Relief
July 29, 2020
§
203.40
Which leases are eligible for royalty relief as a result of drilling a deep well or a phase 1 ultra-deep well?
§
203.41
If I have a qualified deep well or a qualified phase 1 ultra-deep well, what royalty relief would my lease earn?
§
203.42
What conditions and limitations apply to royalty relief for deep wells and phase 1 ultra-deep wells?
§
203.43
To which production do I apply the RSV earned from qualified deep wells or qualified phase 1 ultra-deep wells on my lease?
§
203.44
What administrative steps must I take to use the royalty suspension volume?
§
203.45
If I drill a certified unsuccessful well, what royalty relief will my lease earn?
§
203.46
To which production do I apply the royalty suspension supplements from drilling one or two certified unsuccessful wells on my lease?
§
203.47
What administrative steps do I take to obtain and use the royalty suspension supplement?
§
203.48
Do I keep royalty relief if prices rise significantly?
§
203.49
May I substitute the deep gas drilling provisions in this part for the deep gas royalty relief provided in my lease terms?
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