43 CFR 3137.87 Unleased Tracts (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: 43CFR3137.87]

[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.