43 CFR 3138.11 Storage agreement (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: 43CFR3138.11]

[Page 407]

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 3138_Subsurface Storage Agreements in the National Petroleum
Reserve-Alaska (NPR-A)

Sec. 3138.11 How do I apply for a subsurface storage agreement?

(a) You must submit an application to BLM for a subsurface storage
agreement that includes--
(1) The reason for forming a subsurface storage agreement;
(2) A description of the area you plan to include in the subsurface
storage agreement;
(3) A description of the formation you plan to use for storage;
(4) The proposed storage fees or rentals. The fees or rentals must
be based on the value of the subsurface storage, injection, and
withdrawal volumes, and rental income or other income generated by the
operator for letting or subletting the storage facilities;
(5) The payment of royalty for native oil or gas (oil or gas that
exists in the formation before injection and that is produced when the
stored oil or gas is withdrawn);
(6) A description of how often and under what circumstances you and
BLM intend to renegotiate fees and payments;
(7) The proposed effective date and term of the subsurface storage
agreement;
(8) Certification that all owners of mineral rights (leased or
unleased) and lease interests have consented to the gas storage
agreement in writing;
(9) An ownership schedule showing lease or land status;
(10) A schedule showing the participation factor for all parties to
the subsurface storage agreement; and
(11) Supporting data (geologic maps showing the storage formation,
reservoir data, etc.) demonstrating the capability of the reservoir for
storage.
(b) BLM will negotiate the terms of a subsurface storage agreement
with you, including bonding, and reservoir management.
(c) BLM may request documentation in addition to that which you
provide under paragraph (a) of this section.