Article 3.5. Disposal of Royalty Oil, Gas or Other Hydrocarbons | Midpage

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California Code of Regulations

Division 3. State Property Operations

Chapter 1. State Lands Commission

Article 3.5. Disposal of Royalty Oil, Gas or Other Hydrocarbons

Article 3.5. Disposal of Royalty Oil, Gas or Other Hydrocarbons

State of California

2150Purpose.2151Definitions.2152Eligibility to Hold Sales Contracts.2153Selection of Royalty Oil.2154Bid Factor.2155Other Conditions.2156Notice Inviting Bids.2157Submission of Bids.2158Term.2159Delivery Adjustments.2160Delivery and Dehydration Costs.2161Security.2162Disposition of Royalty Oil in the Event of Default.2163Assignment of Contract.