[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: 43CFR3181.5]



[Page 453]

 

                    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]