30 C.F.R. § 203.67 What economic criteria must I meet to get royalty relief on an authorized field or project?
Title 30 - Mineral Resources
We will not approve applications if we determine that royalty relief cannot make the field, development project, or expansion project economically viable. Your field or project must be uneconomic while you are paying royalties and must become economic with royalty relief. [67 FR 1876, Jan. 15, 2002]
Title 30: Mineral Resources
PART 203—RELIEF OR REDUCTION IN ROYALTY RATES
Subpart B—OCS Oil, Gas, and Sulfur General
Royalty Relief For Deep Water Expansion Projects And Pre-Act Deep Water Leases
§ 203.67 What economic criteria must I meet to get royalty relief on an authorized field or project?
