![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 18 - Conservation of Power and Water Resources |
![]() |
Chapter I - Federal Energy Regulatory Commission, Department of Energy |
![]() |
SubChapter F - Accounts, Natural Gas Act |
![]() |
Part 201 - Uniform System of Accounts Prescribed for Natural Gas Companies Subject to the Provisions of the Natural Gas Act |
§ 325.2 - Producing leaseholds.
Latest version.
-
A. This account shall include the cost of acquiring leaseholds on which the utility pays royalties for natural gas obtained therefrom. (See gas plant instruction 7-G.)
B. Exclude from this account rents paid periodically for rights obtained under leases. Exclude also from this account the cost of leaseholds which terminate in one year or less after they become effective.