Statutes, codes, and regulations
Code of Federal Regulations
Title 30 - MINERAL RESOURCESChapter XII - OFFICE OF NATURAL RESOURCES REVENUE, DEPARTMENT OF THE INTERIORSubchapter A - NATURAL RESOURCES REVENUEPart 1202 - ROYALTIES
Subpart J - GAS PRODUCTION FROM INDIAN LEASES
Section 1202.553 - How do I value my production if I take more than my entitled share?

30 C.F.R. § 1202.553

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Current through September 30, 2024
Section 1202.553 - How do I value my production if I take more than my entitled share?

If you take more than your entitled share of production from a lease in an AFA for any month, you must determine the weighted-average value of all of the production that you take using the procedures in 30 CFR part 1206 , and use that value for your entitled share of production.

30 C.F.R. §1202.553