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Code of Federal Regulations (Last Updated: October 10, 2024) |
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Title 30 - Mineral Resources |
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Chapter XII - Office of Natural Resources Revenue, Department of the Interior |
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SubChapter A - Natural Resources Revenue |
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Part 1202 - Royalties |
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Subpart J - Gas Production From Indian Leases |
§ 1202.557 - Must I pay royalty on insurance compensation for unavoidably lost gas?
Latest version.
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§ 1202.557 Must I pay royalty on insurance compensation for unavoidably lost gas?
If you receive insurance compensation for unavoidably lost gas, you must pay royalties on the amount of that compensation. This paragraph does not apply to compensation through self-insurance.