[Code of Federal Regulations]
[Title 30, Volume 2]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 30CFR203.72]

[Page 26]
 
                       TITLE 30--MINERAL RESOURCES
 
                       DEPARTMENT OF THE INTERIOR
 
PART 203--RELIEF OR REDUCTION IN ROYALTY RATES--Table of Contents
 
               Subpart B--OCS Oil, Gas, and Sulfur General
 
Sec. 203.72  Can my lease receive more than one suspension volume?

    Yes. You may apply for royalty relief that involves more than one 
suspension volume under Sec. 203.62 in two circumstances.
    (a) Each field that includes your lease may receive a separate 
royalty-suspension volume, if it meets the evaluation criteria of 
Sec. 203.67.
    (b) An expansion project on your lease may receive a separate 
royalty-suspension volume, even if we have already granted a royalty-
suspension volume to the field that encompasses the project. But the 
reserves associated with the project must not have been part of our 
original determination, and the project must meet the evaluation 
criteria of Sec. 203.67.