---
kind: "section"
citation: "25 C.F.R. § 226.26"
title: "25"
number: "226.26"
heading: "Determining cost of well."
url: "https://uscodex.org/cfr/25/226.26"
---

# §226.26. Determining cost of well.


The term “cost of drilling” as applied where one lessee takes over a well drilled by another, shall include all reasonable, usual, necessary, and proper expenditures. A list of expenses mentioned in this section shall be presented to proposed purchasing lessee within 10 days after the completion of the well. In the event of a disagreement between the parties as to the charges assessed against the well that is to be taken over, such charges shall be determined by the Superintendent.


## Notes

### Authority

Authority: Sec. 3, 34 Stat. 543; secs. 1, 2, 45 Stat. 1478; sec. 3, 52 Stat. 1034, 1035; sec. 2(a), 92 Stat. 1660; and Sec. 701, Pub. L. 114-74, 129 Stat. 599.

### Source

Source: 81 FR 39573, June 17, 2016, unless otherwise noted.