[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: 43CFR3140.4-2]



[Page 410-411]

 

                    TITLE 43--PUBLIC LANDS: INTERIOR

 

    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

 

PART 3140_LEASING IN SPECIAL TAR SAND AREAS--Table of Contents

 

Subpart 3140_Conversion of Existing Oil and Gas Leases and Valid Claims 

                       Based on Mineral Locations

 

Sec.  3140.4-2  Issuance of the combined hydrocarbon lease.



    (a) After a plan of operations is found acceptable, and is approved, 

the authorized officer shall prepare and submit to the owner, for 

execution, a combined hydrocarbon lease containing all appropriate terms 

and conditions, including any necessary stipulations that were part of 

the oil and gas lease being converted, as well as any additional 

stipulations, such as those required to ensure compliance with the plan 

of operations.

    (b) The authorized officer shall not sign the combined hydrocarbon 

lease until it has been executed by the conversion applicant and the 

lease or claim to be converted has been formally relinquished to the 

United States.

    (c) The effective date of the combined hydrocarbon lease shall be 

the first day of the month following the date that the authorized 

officer signs the lease.

    (d)(1) Except to the extent that any such lease would exceed 5,210 

acres, the



[[Page 411]]



authorized officer may issue, upon the request of the applicant, 1 

combined hydrocarbon lease to cover contiguous oil and gas leases or 

valid claims based on mineral locations which have been approved for 

conversion.

    (2) To the extent necessary to promote the development of the 

resource, the authorized officer may issue, upon the request of the 

applicant, one combined hydrocarbon lease that does not exceed 5,760 

acres, which shall be as nearly compact as possible, to cover non-

contiguous oil and gas leases or valid claims which have been approved 

for conversion.



[47 FR 22478, May 24, 1982, as amended at 70 FR 58614, Oct. 7, 2005]