43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3206.14

How does BLM compute acreage holdings?

Title 43 C.F.R. ● ACTIVE Primary Source
Regulatory Text

43 C.F.R. § 3206.14 — How does BLM compute acreage holdings?

§ 3206.14 How does BLM compute acreage holdings? BLM computes acreage holdings as follows: (a) If you own an undivided lease interest, your acreage holdings include the total lease acreage: (b) If you own stock in a corporation or a beneficial interest in an association which holds a geothermal lease, your acreage holdings will include your proportionate part of the corporation's or association's share of the total lease acreage. This paragraph applies only if you own more than 10 percent of the corporate stock or a beneficial interest in the association; and (c) If you own a lease interest, you will be charged with the proportionate share of the total lease acreage based on your share of the lease ownership. You will not be charged twice for the same acreage where you own both record title and operating rights for the lease. For example, if you own 50 percent record title interest in a 640 acre lease and 25 percent operating rights, you are charged with 320 acres.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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43 C.F.R. § 3206.14
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The regulatory text of 43 C.F.R. § 3206.14 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 43 43 C.F.R. § 3206.14