30 CFR 1202.557 - Must I pay royalty on insurance compensation for unavoidably lost gas?

Regulations last checked for updates: Oct 18, 2024

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

View all text of Subpart J [§ 1202.550 - § 1202.558]

§ 1202.557 - Must I pay royalty on insurance compensation for unavoidably lost gas?

If you receive insurance compensation for unavoidably lost gas, you must pay royalties on the amount of that compensation. This paragraph does not apply to compensation through self-insurance.

authority: 5 U.S.C. 301

source: 48 FR 35641, Aug. 5, 1983, unless otherwise noted. Redesignated at 75 FR 61066, Oct. 4, 2010.

cite as: 30 CFR 1202.557