# 30 C.F.R. § 556.701 (2026): 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? > Federal · Regulations · In force URL: https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_701 ## Section - **Citation:** 30 C.F.R. § 556.701 (2026) - **Heading:** 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? - **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 / § 556.701: § 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? ## Text (a) The Regional Director will provide the form to record an assignment of record title interest in a Federal OCS oil and gas or sulfur lease, or a severance of operating rights from that record title interest. You must submit to BOEM two originals of each instrument that transfers ownership of record title within 90 days after the last party executes the transfer instrument. You must pay the service fee listed in § 556.106 with your request and your submission must include evidence of payment via pay.gov. (b) Before BOEM approves an assignment or transfer, it must consult with, and consider the views of, the Attorney General. The Secretary may act on an assignment or transfer if the Attorney General has not responded to a request for consultation within 30 days of said request. (c) A new record title owner or sublessee must file a designation of operator, in accordance with § 550.143 of this chapter, along with the request for the approval of the assignment. ## 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_701. Check the current official text before relying on it. Not legal advice.