§581.46. Relinquishment of leases or parts of leases.
30 C.F.R. § 581.46
A lease or any part thereof may be surrendered by the record title holder by filing a written relinquishment with the Director. A relinquishment shall take effect on the date it is filed subject to the continued obligation of the lessee and the surety to:
Make all payments due, including any accrued rentals and royalties; and
Abandon all operations, remove all facilities, and clear the land to be relinquished to the satisfaction of the Director.
Upon relinquishment of a lease, the data and information submitted under the lease will no longer be held confidential and will be available to the public.
Notes, amendments, and revision history
Authority
Authority: Section 104, Public Law 97-451, 96 Stat. 2451 (30 U.S.C. 1714), Public Law 109-432, Div C, Title I, 120 Stat. 3000; 30 U.S.C. 1751; 31 U.S.C. 9701; 43 U.S.C. 1334; 33 U.S.C. 2704, 2716; E.O. 12777, as amended; 43 U.S.C. 1331 et seq., 43 U.S.C. 1337.
Source
Source: 76 FR 64623, Oct. 18, 2011, unless otherwise noted.