Primary Lease Requirements, Lease Term Extensions, and Lease Cancellations | Midpage

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Code of Federal Regulations

ECFR963886d3780ff0b

Primary Lease Requirements, Lease Term Extensions, and Lease Cancellations

550.181When may the Secretary cancel my lease and when am I compensated for cancellation?550.182When may the Secretary cancel a lease at the exploration stage?550.183When may BOEM or the Secretary extend or cancel a lease at the development and production stage?550.184What is the amount of compensation for lease cancellation?550.185When is there no compensation for a lease cancellation?