[Code of Federal Regulations]

[Title 43, Volume 2]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 43CFR3135.5]



[Page 394]

 

                    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.  3135.5  When should I stop paying rental or royalty after BLM requires or approves a suspension of operations and production ?



    You should stop paying rental or royalty on the first day of the 

month that the suspension is effective. However, if there is any 

production sold or removed during that month, you must pay royalty on 

that production.



[67 FR 17886, Apr. 11, 2002]