30 C.F.R. § 220.022   Calculation of net profit share payment.


Title 30 - Mineral Resources


Title 30: Mineral Resources
PART 220—ACCOUNTING PROCEDURES FOR DETERMINING NET PROFIT SHARE PAYMENT FOR OUTER CONTINENTAL SHELF OIL AND GAS LEASES

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§ 220.022   Calculation of net profit share payment.

The net profit share payment shall be calculated by multiplying the net profit share base calculated in accordance with §220.021 by the net profit share rate. The net profit share payment shall be paid to the United States in accordance with §220.031.

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