Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 30 - Mineral Resources |
Chapter II - Bureau of Safety and Environmental Enforcement, Department of the Interior |
SubChapter B - Offshore |
Part 250 - Oil and Gas and Sulphur Operations in the Outer Continental Shelf |
Subpart A - General |
Suspensions |
§ 250.169 - What effect does suspension have on my lease?
Latest version.
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§ 250.169 What effect does suspension have on my lease?
(a) A suspension may extend the term of a lease (see § 250.180(b), (d), and (e)). The extension is equal to the length of time the suspension is in effect, except as provided in paragraph (b) of this section.
(b) A Directed Suspension does not extend the term of a lease when the Regional Supervisor directs a suspension because of:
(1) Gross negligence; or
(2) A willful violation of a provision of the lease or governing statutes and regulations.