43 CFR 3133.4 Royalty Reduction (regulations)

WAIS Document Retrieval[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR3133.4]

[Page 391]

TITLE 43--PUBLIC LANDS: INTERIOR

CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

PART 3130_OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA--
Table of Contents

Subpart 3133_Rentals and Royalties

Sec. 3133.4 How do I apply for a waiver, suspension or reduction of rental,
royalty or minimum royalty for my NPR-A lease?

(a) Submit to BLM your application and in it describe the relief you
are requesting and include--
(1) The lease serial number;
(2) The number, location and status of each well drilled;
(3) A statement that shows the aggregate amount of oil or gas
subject to royalty for each month covering a period of at least six
months immediately before the date you filed the application;
(4) The number of wells counted as producing each month and the
average production per well per day;
(5) A detailed statement of expenses and costs of operating the
entire lease;
(6) All facts that demonstrate that you can't successfully operate
the wells under the terms of the lease;
(7) The amount of any overriding royalty and payments out of
production or similar interests applicable to your lease; and
(8) Any other information BLM requires.
(b) Your application must be signed by--
(1) All record title holders of the lease; or
(2) By the operator on behalf of all record title holders.

[67 FR 17885, Apr. 11, 2002]