Royalty Relief for End-of-Life Leases | Midpage

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Code of Federal Regulations

ECFR7b6512b009b6381

Royalty Relief for End-of-Life Leases

203.50Who may apply for end-of-life royalty relief?203.51How do I apply for end-of-life royalty relief?203.52What criteria must I meet to get relief?203.53What relief will BSEE grant?203.54How does my relief arrangement for an oil and gas lease operate if prices rise sharply?203.55Under what conditions can my end-of-life royalty relief arrangement for an oil and gas lease be ended?203.56Does relief transfer when a lease is assigned?