Current through September 30, 2024
Section 560.211 - When does an eligible lease qualify for a royalty suspension volume?(a) Your eligible lease will receive a royalty suspension volume as specified in the Act. The bidding system in § 560.110(g) applies.(b) Your eligible lease may receive a royalty suspension volume only if your entire lease is west of 87 degrees, 30 minutes West longitude.76 FR 64623, Oct. 18, 2011. Redesignated at 81 FR 18175, Mar. 30, 2016