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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 30 - Mineral Resources |
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Chapter V - Bureau of Ocean Energy Management, Department of the Interior |
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SubChapter B - Offshore |
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Part 550 - Oil and Gas and Sulphur Operations in the Outer Continental Shelf |
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Subpart A - General |
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Primary Lease Requirements, Lease Term Extensions, and Lease Cancellations |
§ 550.182 - When may the Secretary cancel a lease at the exploration stage?
Latest version.
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§ 550.182 When may the Secretary cancel a lease at the exploration stage?
BOEM may not approve an exploration plan (EP) under 30 CFR part 550, subpart B, if the Regional Supervisor determines that the proposed activities may cause serious harm or damage to life (including fish and other aquatic life), property, any mineral deposits, the National security or defense, or to the marine, coastal, or human environment, and that the proposed activity cannot be modified to avoid the condition(s). The Secretary may cancel the lease if:
(a) The primary lease term has not expired (or if the lease term has been extended) and exploration has been prohibited for 5 years following the disapproval; or
(b) You request cancellation at an earlier time.