§3137.111. When will BLM extend the primary term of all leases committed to a unit agreement or renew all leases committed to a unit agreement?
43 C.F.R. § 3137.111
If the unit operator requests it, the BLM will extend the primary term of all NPR-A leases committed to a unit agreement or renew the leases committed to a unit agreement if any committed lease within the unit is extended or renewed under § 3135.1-5 or § 3135.1-6. If the BLM approves a lease renewal under § 3135.1-6(b), the BLM will require a renewal fee of $100 per acre for each lease in the unit that is renewed.
Notes, amendments, and revision history
Amendments
[73 FR 6444, Feb. 4, 2008]
Source
Source: 67 FR 17886, Apr. 11, 2002, unless otherwise noted.
Authority
Authority: 42 U.S.C. 6508, 43 U.S.C. 1733 and 1740.
Source
Source: 46 FR 55497, Nov. 9, 1981, unless otherwise noted.
Amendments
[73 FR 6444, Feb. 4, 2008]