§3109.15. Compensatory royalty agreement or lease.
43 C.F.R. § 3109.15
The lease or compensatory royalty agreement will be on a form approved by the Director.
The primary term of the lease will be for a period of 10 years.
The following provisions of 43 CFR part 3100 apply to the issuance and administration of leases for oil and gas deposits underlying a right-of-way issued under this part:
Notes, amendments, and revision history
Authority
Authority: 25 U.S.C. 396d and 2107; 30 U.S.C. 189, 306, 359, and 1751; 43 U.S.C. 1701 et seq.; and 42 U.S.C. 15801.
Source
Source: 89 FR 30966, Apr. 23, 2024, unless otherwise noted.