§ 550.117 How does a determination of well producibility affect royalty status?
FederalRegulations
Ask Donna
How this section applies to your facts.
Title 30—Mineral Resources > CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR > SUBCHAPTER B—OFFSHORE > PART 550—OIL AND GAS AND SULFUR OPERATIONS IN THE OUTER CONTINENTAL SHELF > Subpart A—General > Performance Standards
Text
A determination of well producibility invokes minimum royalty status on the lease as provided in 30 CFR 1202.53.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.