[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR3135.1-6]

[Page 381]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 3130_OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA--Table 
of Contents
 
   Subpart 3135_Transfers, Extensions, Consolidations, and Suspensions
 
Sec. 3135.1-6  Consolidation of leases.

    (a) Leases may be consolidated upon written request of the lessee 
filed with the State Director Alaska, Bureau of Land Management. The 
request shall identify each lease involved by serial number and shall 
explain the factors which justify the consolidation.
    (b) All parties holding any undivided interest in any lease involved 
in the consolidation shall agree to enter into the same lease 
consolidation.
    (c) Consolidation of leases not to exceed 60,000 acres may be 
approved by the State Director, Alaska if it is determined that the 
consolidation is justified.
    (d) The effective date, the anniversary date and the primary term of 
the consolidated lease shall be those of the oldest original lease 
involved in the consolidation. The term of a consolidated lease shall be 
extended beyond the primary lease term only so long as oil or gas is 
produced in paying quantities or approved constructive or actual 
drilling or reworking operations are conducted thereon.
    (e) Royalty, rental, special lease stipulations and other terms and 
conditions of each original lease except the effective date, anniversary 
date and the primary term shall continue to apply to that lease or any 
portion thereof regardless of the lease becoming a part of a 
consolidated lease.

[48 FR 413, Jan. 5, 1983]