[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR3181.5]

[Page 441]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 3180--ONSHORE OIL AND GAS UNIT AGREEMENTS: UNPROVEN AREAS--Table of Contents
 
              Subpart 3181--Application for Unit Agreement
 
Sec. 3181.5  Compensatory royalty payment for unleased Federal land.

    The unit agreement submitted by the unit proponent for approval by 
the authorized officer shall provide for payment to the Federal 
Government of a 12\1/2\ percent royalty on production that would be 
attributable to unleased Federal lands in a PA of the unit if said lands 
were leased and committed to the unit agreement. The value of production 
subject to compensatory royalty payment shall be determined pursuant to 
30 CFR part 206, provided that no additional royalty shall be due on any 
production subject to compensatory royalty under this provision.

[58 FR 58632, Nov. 2, 1993, as amended at 59 FR 16999, Apr. 11, 1994]