[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: 43CFR3141.5-3]



[Page 416]

 

                    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 3141_Leasing in Special Tar Sand Areas

 

Sec.  3141.5-3  Royalties and rentals.



    (a) The royalty rate on all combined hydrocarbon leases or tar sand 

leases is 12\1/2\ percent of the value of production removed or sold 

from a lease. The Minerals Management Service shall be responsible for 

collecting and administering royalties.

    (b) The lessee may request the Secretary to reduce the royalty rate 

applicable to tar sand prior to commencement of commercial operations in 

order to promote development and maximum production of the tar sand 

resource in accordance with procedures established by the Bureau of Land 

Managment and may request a reduction in the royalty after commencement 

of commercial operations in accordance with Sec.  3103.4-1 of this 

title.

    (c) The rental rate for a combined hydrocarbon lease shall be $2 per 

acre per year, and shall be payable annually in advance.

    (d) The rental rate for a tar sand lease shall be $1.50 per acre for 

the first 5 years and $2.00 per acre for each year thereafter.

    (e) Except as explained in paragraphs (a), (b), and (c) of this 

section, all other provisions of Sec.  Sec.  3103.2 and 3103.3 of this 

title apply to combined hydrocarbon leasing.



[48 FR 7422, Feb. 18, 1983, as amended at 55 FR 12351, Apr. 3, 1990; 70 

FR 58615, Oct. 7, 2005]