43 C.F.R. Subpart 3216—Transfers
Title 43 - Public Lands: Interior
You may transfer record title or operating rights, but you need our approval before your transfer is effective. See 43 CFR 3216.21. File your transfer in the BLM State Office that handles your lease. Once we approve your transfer, the transferee becomes responsible for performing all lease obligations accrued after the date of the transfer, and for plugging and abandoning wells which exist and are not plugged at the time of the transfer. You will still be responsible for rents, royalties, compensatory royalties and other obligations accrued before your transfer became effective. You must also plug and abandon any wells drilled or existing on the lease while you held your interest. With each transfer request send us the correct form, if required, and pay the transfer processing fee found in the fee schedule in §3000.12 of this chapter. When you calculate your fee, make sure it covers the full amount. For example, if you are transferring record title for three leases, submit 3 times the listed fee with the application. Use the following chart to determine forms and fees: [70 FR 58876, Oct. 7, 2005] (a) File a transfer request to transfer record title or operating rights within 90 days after you sign an agreement with the transferee. If we receive your request more than 90 days after signing, we may require you to re-certify that you still intend to complete the transfer. (b) There is no specific time deadline for filing estate transfers, corporate mergers, and name changes. Just file them within a reasonable time. File two copies of separate requests for each lease for which you are transferring record title or operating rights. The only exception is, if you are transferring more than one lease to the same transferee, just file two copies of one transfer application. (a) If you have posted a bond for any Federal lease, file estate transfers, corporate mergers, and name changes in the BLM State Office that maintains your bond. (b) If you have not posted a bond, file estate transfer, corporate merger and name change documents in each State Office having jurisdiction over the lease(s). (a) If you are transferring an interest in your entire lease, you do not need to give BLM a legal description of the land. (b) If you are transferring an interest in a portion of your lease, describe the lands the same way they are described in the lease. Only when your transfer includes an irregular subdivision or all your lease in a section. We may make an exception to the minimum acreage requirements if needed to conserve the resource. If you transfer 100 percent of the record title interest in a portion of your lease, BLM will segregate the transferred portion from the original lease and give it a new serial number with the same terms and conditions as those in the original lease. Your transfer is effective the first day of the month after we approve it. No, we will not approve a transfer if: (a) The lease account is not in good standing; (b) The transferee does not qualify to hold a lease under this part; or (c) An adequate bond has not been provided.
Title 43: Public Lands: Interior
PART 3200—GEOTHERMAL RESOURCE LEASING
Subpart 3216—Transfers
§ 3216.10 What types of lease interests may I transfer?
§ 3216.11 Where must I file a transfer request?
§ 3216.12 When does a transferee take responsibility for lease obligations?
§ 3216.13 What are my responsibilities after I transfer my interest?
§ 3216.14 What fees and forms does a transfer require?
---------------------------------------------------------------------------------------------------------------- Specific form Transfer fee (per Type of form required Form No. Number of copies lease)----------------------------------------------------------------------------------------------------------------(a) Record title.................. Yes............... 3000-3 2 executed copies.... As found in the fee schedule in § 3000.12 of this chapter.(b) Operating rights.............. Yes............... 3000-3(a) 2 executed copies.... As found in the fee schedule in § 3000.12 of this chapter.(c) Estate transfers.............. No................ N/A 1 List of Leases..... As found in the fee schedule in § 3000.12 of this chapter.(d) Corporate mergers............. No................ N/A 1 List of Leases..... As found in the fee schedule in § 3000.12 of this chapter.(e) Name changes.................. No................ N/A 1 List of Leases..... As found in the fee schedule in § 3000.12 of this chapter.----------------------------------------------------------------------------------------------------------------
§ 3216.15 When must I file my transfer request?
§ 3216.16 Must I file separate transfer requests for each lease?
§ 3216.17 Where must I file estate transfers, corporate mergers and name changes?
§ 3216.18 How do I describe the lands in my lease transfer?
§ 3216.19 May I transfer record title interest for less than 640 acres?
§ 3216.20 When does a transfer segregate a lease?
§ 3216.21 When is my transfer effective?
§ 3216.22 Does BLM grant all transfer requests?
