43 C.F.R. § 3211.10   What are the fees, rent, and minimum royalties for leases?


Title 43 - Public Lands: Interior


Title 43: Public Lands: Interior
PART 3200—GEOTHERMAL RESOURCE LEASING
Subpart 3211—Fees, Rent, and Royalties

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§ 3211.10   What are the fees, rent, and minimum royalties for leases?

(a) BLM calculates rents and minimum royalties based on the amount of acreage covered by your lease. First, round up any partial acreage to the next whole acre. For example, rent on a 2,456.39 acre lease is calculated based on 2,457 acres. Then multiply the total number of acres covered by your lease by the appropriate amount set out in the chart in paragraph (b) of this section to determine the amount you owe.

(b) Use the following table to determine the fees, rents, and minimum royalties owed for your lease:

                        Fees, Rent, and Royalties------------------------------------------------------------------------                                Competitive            Type                   leases        Noncompetitive leases------------------------------------------------------------------------(1) Lease Application         As found in the  As found in the fee Processing fee.               fee schedule     schedule in §                               in §        3000.12 of this chapter.                               3000.12 of       (includes future                               this chapter.    interest leases)(2) Lease Rent..............  $2.00 per acre.  $1.00 per acre.(3) Transfer of Record Title  As found in the  As found in the fee or Operating Rights.          fee schedule     schedule in §                               in §        3000.12 of this chapter.                               3000.12 of                               this chapter.(4) Transfer of Interest to   As found in the  As found in the fee Heir or Devisee, Name         fee schedule     schedule in § Change, or Notification       in §        3000.12 of this chapter. Corporate Merger.             3000.12 of                               this chapter.(5) Steam, heat, or energy    Between 10% and  Between 10% and 15%. royalties.                    15.(6) Demineralized water       5%.............  5%. royalties.(7) Byproduct royalties.....  5%.............  5%.(8) Minimum royalty.........  $2.00 per acre.  $2.00 per acre.(9) Additional rent/Instead   $3.00 per acre   $3.00 per acre in of diligent exploration.      in addition to   addition to regular                               regular lease    lease rent.                               rent.(9) Additional rent/Instead   $3.00/year,      $3.00/year, first 5 years of commercial quantities      first 5 years.  $6.00/year, second 5 production.                  $6.00/year,       years.                               second 5 yrs.------------------------------------------------------------------------Note the exception stated in 43 CFR 3211.16(b).

[63 FR 52364, Sept. 30, 1998, as amended at 58875, Oct. 7, 2005]

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