Transferring All or Part of the Operating Rights in a Lease | Midpage

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Code of Federal Regulations

Subpart H

Transferring All or Part of the Operating Rights in a Lease

556.800As an operating rights owner, may I assign all or part of my operating rights interest?556.801How do I seek approval of an assignment of my operating rights?556.802When may BOEM disapprove the transfer of all or part of my operating rights interest?556.803What if I want to assign operating rights interests in more than one lease at the same time, but to different parties?556.804What if I want to assign my operating rights interest in a lease to multiple parties?556.805What is the effect of an operating rights owner's assignment of operating rights on the assignor's liability?556.806What is the effective date of an assignment of operating rights?556.807What is the effect of an assignment of operating rights on an assignee's liability?556.808As an operating rights owner, are there any interests I may assign without BOEM approval?556.809[Reserved]556.810What must I do with respect to the designation of operator on a lease when a transfer of operating rights ownership is submitted?