---
kind: "section"
citation: "30 C.F.R. § 585.435"
title: "30"
number: "585.435"
heading: "How can I relinquish a lease or a grant or parts of a lease or grant?"
url: "https://uscodex.org/cfr/30/585.435"
---

# §585.435. How can I relinquish a lease or a grant or parts of a lease or grant?

- (a) You may surrender a lease or grant, or a designated subdivision thereof, by filing with BOEM a properly completed official relinquishment form available on the BOEM website. A relinquishment takes effect on the date BOEM receives your completed form, subject to the continued obligation of the lessee or grant holder and the surety to:
  - (1) Make all payments due on the lease or grant, including any accrued rent and deferred bonuses;
  - (2) Decommission all facilities on the relinquished lease or grant (or portion thereof) to BSEE's satisfaction; and
  - (3) **Perform any other outstanding obligations under the lease or grant.**
- (b) After you submit a completed relinquishment form for a lease or grant, ONRR will bill you for any outstanding payments that have accrued from obligations arising under the relinquished lease or grant.

## Notes

### Source

Source: 89 FR 42736, May 15, 2024, unless otherwise noted.

### Authority

Authority: 43 U.S.C. 1337.

### Source

Source: 88 FR 6430, Jan. 31, 2023, unless otherwise noted.