43 CFR 3137.111 - When will BLM extend the primary term of all leases committed to a unit agreement or renew all leases committed to a unit agreement?

Regulations last checked for updates: Nov 22, 2024

Title 43 - Public Lands: Interior last revised: Sep 06, 2024

View all text of Subpart 3137 [§ 3137.5 - § 3137.150]

§ 3137.111 - When will BLM extend the primary term of all leases committed to a unit agreement or renew all leases committed to a unit agreement?

If the unit operator requests it, the BLM will extend the primary term of all NPR-A leases committed to a unit agreement or renew the leases committed to a unit agreement if any committed lease within the unit is extended or renewed under § 3135.1-5 or § 3135.1-6. If the BLM approves a lease renewal under § 3135.1-6(b), the BLM will require a renewal fee of $100 per acre for each lease in the unit that is renewed.

[73 FR 6444, Feb. 4, 2008]

authority: 42 U.S.C. 6508,43.S.C. 1733 and 1740

source: 46 FR 55497, Nov. 9, 1981, unless otherwise noted.

cite as: 43 CFR 3137.111