# 30 CFR § 203.34: To which production may an RSV earned by qualified phase 2 and phase 3 ultra-deep wells on my lease not be applied?

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-30-203.34

## Section

- **Citation:** 30 CFR § 203.34
- **Heading:** To which production may an RSV earned by qualified phase 2 and phase 3 ultra-deep wells on my lease not be applied?
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 30—Mineral Resources > CHAPTER II—BUREAU OF SAFETY AND ENVIRONMENTAL ENFORCEMENT, DEPARTMENT OF THE INTERIOR > SUBCHAPTER A—MINERALS REVENUE MANAGEMENT > PART 203—RELIEF OR REDUCTION IN ROYALTY RATES > Subpart B—OCS Oil, Gas, and Sulfur General > Royalty Relief for Drilling Ultra-Deep Wells on Leases Not Subject to Deep Water Royalty Relief

## Text

You may not apply an RSV earned under § 203.31:
(a) To production from completions less than 15,000 feet TVD SS, except in cases where the qualified well is re-perforated in the same reservoir previously perforated deeper than 15,000 feet TVD SS;
(b) To production from a deep well or ultra-deep well on any other lease, except as provided in paragraph (c) of § 203.33;
(c) To any liquid hydrocarbon (oil and condensate) volumes; or
(d) To production from a deep well or ultra-deep well that commenced drilling before:
(1) March 26, 2003, on a lease that is located entirely or partly in water less than 200 meters deep; or
(2) May 18, 2007, on a lease that is located entirely in water more than 200 meters deep.

## Nearby sections

- [30 CFR § 203.30 § 203.30 Which leases are eligible for royalty relief as a result of drilling a phase 2 or phase 3 ultra-deep well?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.30.md)
- [30 CFR § 203.31 § 203.31 If I have a qualified phase 2 or qualified phase 3 ultra-deep well, what royalty relief would that well earn for my lease?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.31.md)
- [30 CFR § 203.32 § 203.32 What other requirements or restrictions apply to royalty relief for a qualified phase 2 or phase 3 ultra-deep well?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.32.md)
- [30 CFR § 203.33 § 203.33 To which production do I apply the RSV earned by qualified phase 2 and phase 3 ultra-deep wells on my lease or in my unit?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.33.md)
- [30 CFR § 203.34 § 203.34 To which production may an RSV earned by qualified phase 2 and phase 3 ultra-deep wells on my lease not be applied?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.34.md)
- [30 CFR § 203.35 § 203.35 What administrative steps must I take to use the RSV earned by a qualified phase 2 or phase 3 ultra-deep well?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.35.md)
- [30 CFR § 203.36 § 203.36 Do I keep royalty relief if prices rise significantly?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.36.md)
- [30 CFR § 203.40 § 203.40 Which leases are eligible for royalty relief as a result of drilling a deep well or a phase 1 ultra-deep well?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.40.md)
- [30 CFR § 203.41 § 203.41 If I have a qualified deep well or a qualified phase 1 ultra-deep well, what royalty relief would my lease earn?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.41.md)
- [30 CFR § 203.42 § 203.42 What conditions and limitations apply to royalty relief for deep wells and phase 1 ultra-deep wells?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.42.md)
- [30 CFR § 203.43 § 203.43 To which production do I apply the RSV earned from qualified deep wells or qualified phase 1 ultra-deep wells on my lease?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.43.md)
- [30 CFR § 203.44 § 203.44 What administrative steps must I take to use the royalty suspension volume?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.44.md)
- [30 CFR § 203.45 § 203.45 If I drill a certified unsuccessful well, what royalty relief will my lease earn?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.45.md)
- [30 CFR § 203.46 § 203.46 To which production do I apply the royalty suspension supplements from drilling one or two certified unsuccessful wells on my lease?](https://www.frixlaw.com/law-library/statutes/ecfr-30-203.46.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-30-203.34. Check the current official text before relying on it. Not legal advice.