43 CFR 3137.87 Unleased Tracts (Regulations)

43 CFR 3137.87 Unleased tracts.txt

Oil Gas Leasing: National Petroleum Reserve, Alaska (NPRA) (43 CFR 3130, 3133, 3135, 3137, 3138)

43 CFR 3137.87 Unleased Tracts (Regulations)

OMB: 1004-0196

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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: 43CFR3137.87]

[Page 404]
 
                    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 3137_Unitization Agreements_National Petroleum Reserve-Alaska
 
Sec. 3137.87  What must I do if there are unleased Federal tracts in a participating area?

    If there are unleased Federal tracts in a participating area, you 
must--
    (a) Include the unleased Federal tracts in the participating area, 
even though BLM will not share in unit costs;
    (b) Allocate production for royalty purposes as if the unleased 
Federal tracts were leased and committed to the unit agreement under 
Sec. 3137.100 of this subpart;
    (c) Admit Federal tracts leased after the effective date of the unit 
agreement into the unit agreement on the date the lease is effective; 
and
    (d) 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.



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