# 30 C.F.R. § 556.703 (2026): 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? > Federal · Regulations · In force URL: https://www.frixlaw.com/law-library/statutes/CFR_T30_P556_S556_703 ## Section - **Citation:** 30 C.F.R. § 556.703 (2026) - **Heading:** 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? - **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 / § 556.703: § 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? ## Text (a) The financial assurance requirements of subpart I of this part apply separately to each segregated lease. (b) The royalty, minimum royalty, and rental provisions of the original lease will apply separately to each segregated lease. (c) BOEM will allocate among the segregated leases, on a basis that is equitable under the circumstances, any remaining unused royalty suspension volume or other form of royalty suspension or royalty relief that had been granted to the original lease, not to exceed in aggregate the total remaining amount. (d) Each segregated lease will continue in full force and effect for the primary term of the original lease and so long thereafter as each segregated lease meets the requirements outlined in § 556.601. A segregated lease that does not meet the requirements of § 556.601 does not continue in force even if another segregated lease, which was part of the original lease, continues to meet those requirements. [81 FR 18152, Mar. 30, 2016, as amended at 89 FR 31593, Apr. 24, 2024] ## 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_703. Check the current official text before relying on it. Not legal advice.