Code of Federal Regulations (Last Updated: April 5, 2024) |
Title 43 - Public Lands: Interior |
Subtitle B - Regulations Relating to Public Lands |
Chapter II - Bureau of Land Management, Department of the Interior |
SubChapter C - Minerals Management (3000) |
Part 3130 - Oil and Gas Leasing: National Petroleum Reserve, Alaska |
Subpart 3137 - Unitization Agreements - National Petroleum Reserve-Alaska |
Obligations and Extensions |
§ 3137.111 - When will BLM extend the primary term of all leases committed to a unit agreement or renew all leases committed to a unit agreement?
Latest version.
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§ 3137.111 When will BLM extend the primary term of all leases committed to a unit agreement or renew all leases committed to a unit agreement?
If the unit operator requests it, the BLM will extend the primary term of all NPR-A leases committed to a unit agreement or renew the leases committed to a unit agreement if any committed lease within the unit is extended or renewed under § 3135.1-5 or § 3135.1-6. If the BLM approves a lease renewal under § 3135.1-6(b), the BLM will require a renewal fee of $100 per acre for each lease in the unit that is renewed.
[73 FR 6444, Feb. 4, 2008]