30 CFR Topic
Royalty Relief for Pre-Act Deep Water Leases and for Development and Expansion Projects
July 29, 2020
§
203.60
Who may apply for royalty relief on a case-by-case basis in deep water in the Gulf of Mexico or offshore of Alaska?
§
203.61
How do I assess my chances for getting relief?
§
203.62
How do I apply for relief?
§
203.63
Does my application have to include all leases in the field?
§
203.64
How many applications may I file on a field or a development project?
§
203.65
How long will BSEE take to evaluate my application?
§
203.66
What happens if BSEE does not act in the time allowed?
§
203.67
What economic criteria must I meet to get royalty relief on an authorized field or project?
§
203.68
What pre-application costs will BSEE consider in determining economic viability?
§
203.69
If my application is approved, what royalty relief will I receive?
§
203.70
What information must I provide after BSEE approves relief?
§
203.71
How does BSEE allocate a field's suspension volume between my lease and other leases on my field?
§
203.72
Can my lease receive more than one suspension volume?
§
203.73
How do suspension volumes apply to natural gas?
§
203.74
When will BSEE reconsider its determination?
§
203.75
What risk do I run if I request a redetermination?
§
203.76
When might BSEE withdraw or reduce the approved size of my relief?
§
203.77
May I voluntarily give up relief if conditions change?
§
203.78
Do I keep relief approved by BSEE under this part for my lease, unit or project if prices rise significantly?
§
203.79
How do I appeal BSEE's decisions related to royalty relief for a deepwater lease or a development or expansion project?
§
203.80
When can I get royalty relief if I am not eligible for royalty relief under other sections in the subpart?