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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 XII - Office of Natural Resources Revenue, Department of the Interior |
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SubChapter A - Natural Resources Revenue |
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Part 1206 - Product Valuation |
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Subpart H - Geothermal Resources |
§ 1206.366 - What is the nominal fee that a State, tribal, or local government lessee must pay for the use of geothermal resources?
Latest version.
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§ 1206.366 What is the nominal fee that a State, tribal, or local government lessee must pay for the use of geothermal resources?
If a State, tribal, or local government lessee uses a geothermal resource without sale and for public purposes - other than commercial production or generation of electricity - the State, tribal, or local government lessee must pay a nominal fee. A nominal fee means a slight or de minimis fee. ONRR will determine the fee on a case-by-case basis.