43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3284.5

How do unit operations affect lease extensions?

Title 43 C.F.R. ● ACTIVE Primary Source
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43 C.F.R. § 3284.5 — How do unit operations affect lease extensions?

§ 3284.5 How do unit operations affect lease extensions? (a) Once the minimum initial unit obligation is met, lease extensions approved under § 3207.17 of this chapter based upon unit commitment will remain in effect until the unit is relinquished, expires, terminates, or the lease on which the initial unit obligation was met is eliminated from the unit. (b) As long as there are commercial operations within the unit or there exists a unit well that BLM has determined is producing or utilizing geothermal resources in commercial quantities, lease extensions for any leases or portions of leases within the participating area will remain in effect as long as operations meet the requirements of § 3207.15 of this chapter.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR43-SEC-A71C9D
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boisestandard.org
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43 C.F.R. § 3284.5
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The regulatory text of 43 C.F.R. § 3284.5 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. § 3284.5