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 1202.556 - How do I determine the value of avoidably lost, wasted, or drained gas?

30 C.F.R. § 1202.556

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Current through October 31, 2024
Section 1202.556 - How do I determine the value of avoidably lost, wasted, or drained gas?

If BLM determines that a volume of gas was avoidably lost or wasted, or a volume of gas was drained from your Indian lease for which compensatory royalty is due, then you must determine the value of that volume of gas under 30 CFR part 1206.

30 C.F.R. § 1202.556