§3137.87. What must I do if there are unleased Federal tracts in a participating area?
43 C.F.R. § 3137.87
If there are unleased Federal tracts in a participating area, you must—
Include the unleased Federal tracts in the participating area, even though BLM will not share in unit costs;
Allocate production for royalty purposes as if the unleased Federal tracts were leased and committed to the unit agreement under § 3137.100 of this subpart;
Admit Federal tracts leased after the effective date of the unit agreement into the unit agreement on the date the lease is effective; and
Submit to BLM revised maps, a list of committed leases, and allocation schedules that reflect the commitment of the newly leased Federal tracts to the unit.
Notes, amendments, and revision history
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.