43 C.F.R. § 3137.130

Under what circumstances will BLM approve a voluntary termination of the unit?

Last amended: 2016Year: 2026Length: 57 wordsSubsections: 2Official source

Cite as 43 C.F.R. § 3137.130 (2026)

BLM will approve the voluntary termination of the unit at any time— (a) Before the unit operator discovers production sufficient to establish a participating area; and (b) The unit operator submits to BLM certification that at least 75 percent of the operating rights owners in the unit agreement, on a surface acreage basis, agree to the termination.
43 C.F.R. § 3137.130: Under what circumstances will BLM approve a voluntary termination of the unit? | Justis AI