43 CFR 3137.111 Lease extension (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: 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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