§ 560.213 How long will a royalty suspension volume for an eligible lease be effective?
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Title 30 CFR: Mineral Resources › Chapter V: BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR › Part 560: OUTER CONTINENTAL SHELF OIL AND GAS LEASING › Subpart B: Bidding Systems › § 560.213: § 560.213 How long will a royalty suspension volume for an eligible lease be effective?
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A royalty suspension volume for an eligible lease will continue through the end of the month in which cumulative production from the leases in a field entitled to share the royalty suspension volume reaches that volume or the lease period ends.
[76 FR 64623, Oct. 18, 2011. Redesignated at 81 FR 18175, Mar. 30, 2016]
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