Regulations last checked for updates: Nov 22, 2024

Title 43 - Public Lands: Interior last revised: Sep 06, 2024
§ 3137.130 - Under what circumstances will BLM approve a voluntary termination of the unit?

BLM will approve the voluntary termination of the unit at any time—

(a) Before the unit operator discovers production sufficient to establish a participating area; and

(b) The unit operator submits to BLM certification that at least 75 percent of the operating rights owners in the unit agreement, on a surface acreage basis, agree to the termination.

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 3137.130