30 C.F.R. § 1218.307

Current through October 31, 2024

Section 1218.307 - How do I pay royalties due for my existing leases that qualify for near-term production incentives under BLM regulations?

If you qualify for a production incentive under BLM regulations at 43 CFR subpart 3212, your royalty due on the production BLM determines to be qualified for a production incentive under 43 CFR 3212.23 and 3212.24 is 50 percent of the amount of the total royalty that would otherwise be due under 30 CFR part 1206, subpart H.

30 C.F.R. §1218.307

72 FR 24468 , May 2, 2007