30 CFR 556.800 - As an operating rights owner, may I assign all or part of my operating rights interest?

Regulations last checked for updates: Oct 18, 2024

Title 30 - Mineral Resources last revised: Oct 03, 2024

View all text of Subpart H [§ 556.800 - § 556.810]

§ 556.800 - As an operating rights owner, may I assign all or part of my operating rights interest?

An operating rights owner may assign all or part of its operating rights interests, subject to BOEM approval. Each instrument that transfers an interest must describe, by officially designated aliquot parts and depth levels, the interest proposed to be transferred.

authority: 31 U.S.C. 9701; 42 U.S.C. 6213; 43 U.S.C. 1334.

source: 81 FR 18152, Mar. 30, 2016, unless otherwise noted.

cite as: 30 CFR 556.800