30 C.F.R. § 203.56 Does relief transfer when a lease is assigned?
Title 30 - Mineral Resources
Yes. Royalty relief is based on the lease circumstances, not ownership. It transfers upon lease assignment.
Title 30: Mineral Resources
PART 203—RELIEF OR REDUCTION IN ROYALTY RATES
Subpart B—OCS Oil, Gas, and Sulfur General
Royalty Relief for End-of-life Leases
§ 203.56 Does relief transfer when a lease is assigned?
