30 C.F.R. § 260.115   How long will a royalty suspension volume for an eligible lease be effective?


Title 30 - Mineral Resources


Title 30: Mineral Resources
PART 260—OUTER CONTINENTAL SHELF OIL AND GAS LEASING
Subpart B—Bidding Systems
Eligible Leases

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§ 260.115   How long will a royalty suspension volume for an eligible lease be effective?

A royalty suspension volume for an eligible lease will continue through the end of the month in which cumulative production from the leases in a field entitled to share the royalty suspension volume reaches that volume or the lease period ends.

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