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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 II - Bureau of Safety and Environmental Enforcement, Department of the Interior |
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SubChapter A - Minerals Revenue Management |
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Part 203 - Relief or Reduction in Royalty Rates |
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Subpart B - OCS Oil, Gas, and Sulfur General |
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Royalty Relief for Pre-Act Deep Water Leases and for Development and Expansion Projects |
§ 203.73 - How do suspension volumes apply to natural gas?
Latest version.
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§ 203.73 How do suspension volumes apply to natural gas?
You must measure natural gas production under the royalty-suspension volume as follows: 5.62 thousand cubic feet of natural gas, measured in accordance with 30 CFR part 250, subpart L, equals one barrel of oil equivalent.