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Code of Federal Regulations (Last Updated: October 10, 2024) |
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Title 43 - Public Lands: Interior |
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Subtitle B - Regulations Relating to Public Lands |
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Chapter II - Bureau of Land Management, Department of the Interior |
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SubChapter C - Minerals Management (3000) |
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Part 3500 - Leasing of Solid Minerals Other Than Coal and Oil Shale |
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Subpart 3504 - Fees, Rental, Royalty and Bonds |
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Royalties |
§ 3504.22 - How will I know what the royalty rate is on my lease production?
Latest version.
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§ 3504.22 How will I know what the royalty rate is on my lease production?
BLM determines the rate for each lease before we offer it. If BLM offered the lease competitively, the rates are in the notice of lease sale. If you applied for a noncompetitive lease, BLM will send you a royalty rate schedule for your concurrence and signature before we issue you the lease. BLM attaches royalty rates to, and makes them a part of, all leases.