# 30 C.F.R. § 556.700 (2026): May I assign or sublease all or any part of the record title interest in my lease?

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_700

## Section

- **Citation:** 30 C.F.R. § 556.700 (2026)
- **Heading:** May I assign or sublease all or any part of the record title interest in my lease?
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 30 CFR: Mineral Resources / Chapter V: BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR / Part 556: LEASING OF SULFUR OR OIL AND GAS AND FINANCIAL ASSURANCE REQUIREMENTS IN THE OUTER CONTINENTAL SHELF / Subpart G: Transferring All or Part of the Record Title Interest in a Lease / § 556.700: § 556.700   May I assign or sublease all or any part of the record title interest in my lease?

## Text

(a) With BOEM approval, you may assign your whole, or a partial record title interest in your entire lease, or in any aliquot(s) thereof.
(b) With BOEM approval, you may sever all, or a portion of, your operating rights.
(c) You must request approval of each assignment of a record title interest and each sublease of an operating rights interest. Each instrument that transfers a record title interest must describe, by aliquot parts, the interest you propose to transfer. Each instrument that severs an operating rights interest must describe, by officially designated aliquot parts and depth levels, the interest proposed to be transferred.

## Nearby sections

- [30 C.F.R. § 556.700 (2026) § 556.700   May I assign or sublease all or any part of the record title interest in my lease?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_700.md)
- [30 C.F.R. § 556.701 (2026) § 556.701   How do I seek approval of an assignment of the record title interest in my lease, or a severance of operating rights from that record title interest?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_701.md)
- [30 C.F.R. § 556.702 (2026) § 556.702   When will my assignment result in a segregated lease?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_702.md)
- [30 C.F.R. § 556.703 (2026) § 556.703   What is the effect of the approval of the assignment of 100 percent of the record title in a particular aliquot(s) of my lease and of the resulting lease segregation?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_703.md)
- [30 C.F.R. § 556.704 (2026) § 556.704   When may BOEM disapprove an assignment or sublease of an interest in my lease?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_704.md)
- [30 C.F.R. § 556.705 (2026) § 556.705   How do I transfer the interest of a deceased natural person who was a lessee?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_705.md)
- [30 C.F.R. § 556.706 (2026) § 556.706   What if I want to transfer record title interests in more than one lease at the same time, but to different parties?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_706.md)
- [30 C.F.R. § 556.707 (2026) § 556.707   What if I want to transfer different types of lease interests (not only record title interests) in the same lease to different parties?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_707.md)
- [30 C.F.R. § 556.708 (2026) § 556.708   What if I want to transfer my record title interests in more than one lease to the same party?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_708.md)
- [30 C.F.R. § 556.709 (2026) § 556.709   What if I want to transfer my record title interest in one lease to multiple parties?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_709.md)
- [30 C.F.R. § 556.710 (2026) § 556.710   What is the effect of an assignment of a lease on an assignor's liability under the lease?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_710.md)
- [30 C.F.R. § 556.711 (2026) § 556.711   What is the effect of a record title holder's sublease of operating rights on the record title holder's liability?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_711.md)
- [30 C.F.R. § 556.712 (2026) § 556.712   What is the effective date of a transfer?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_712.md)
- [30 C.F.R. § 556.713 (2026) § 556.713   What is the effect of an assignment of a lease on an assignee's liability under the lease?](https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_713.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_700. Check the current official text before relying on it. Not legal advice.