43 C.F.R. § 3109.15

Compensatory royalty agreement or lease.

Last amended: 2024Year: 2026Length: 81 wordsSubsections: 3Official source

Cite as 43 C.F.R. § 3109.15 (2026)

(a) The lease or compensatory royalty agreement will be on a form approved by the Director. (b) The primary term of the lease will be for a period of 10 years. (c) The following provisions of 43 CFR part 3100 apply to the issuance and administration of leases for oil and gas deposits underlying a right-of-way issued under this part: (1) All of subpart 3101, except §§ 3101.21, 3101.22, 3101.23, 3101.24, and 3101.25; and (2) All of subparts 3102 through 3108;
Cross-references to the CFR
3101.21
43 C.F.R. § 3109.15: Compensatory royalty agreement or lease. | Justis AI