43 CFR 3137.111 Lease extension (regulations)

43 CFR 3137.111 Lease extension.txt

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

43 CFR 3137.111 Lease extension (regulations)

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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: 43CFR3137.111]

[Page 405]
 
                    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. 3137.111  When will BLM extend the primary term of all leases committed 
to a unit agreement?

    (a) If the unit operator requests it, BLM will extend the primary 
term of all NPR-A leases committed to a unit agreement if, from anywhere 
in the unit area, there is--
    (1) Actual production from a well that meets the productivity 
criteria;
    (2) Actual or constructive drilling operations; or
    (3) Actual or constructive reworking operations.
    (b) BLM will extend all NPR-A leases committed to the unit, as 
provided in the following table, for the following types of operations 
from any lease committed to the unit--

------------------------------------------------------------------------
                                                          Additional
       Type of operations        Length of extension       extension
------------------------------------------------------------------------
(1) Actual production..........  As long as there is  Does not apply.
                                  production from a
                                  well in the unit
                                  that meets the
                                  productivity
                                  criteria.
(2) Actual or constructive       Up to three years    Up to three more
 drilling operations.             for an initial       years if you
                                  extension.           demonstrate
                                                       reasonable
                                                       diligence and
                                                       reasonable
                                                       monetary
                                                       expenditures in
                                                       carrying out the
                                                       approved drilling
                                                       or reworking
                                                       operations during
                                                       the initial
                                                       extension.
(3) Actual or constructive       Up to three years    Up to three more
 reworking operations.            for an initial       years if you
                                  extension.           demonstrate
                                                       reasonable
                                                       diligence and
                                                       reasonable
                                                       monetary
                                                       expenditures in
                                                       carrying out the
                                                       approved drilling
                                                       or reworking
                                                       operations during
                                                       the initial
                                                       extension.
------------------------------------------------------------------------


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