43 CFR 3206.15 - How will BLM charge acreage holdings if the United States owns only a fractional interest in the geothermal resources in a lease?

Regulations last checked for updates: Oct 18, 2024

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

View all text of Subpart 3206 [§ 3206.10 - § 3206.18]

§ 3206.15 - How will BLM charge acreage holdings if the United States owns only a fractional interest in the geothermal resources in a lease?

Where the United States owns only a fractional interest in the geothermal resources of the lands in a lease, BLM will only charge you with the part owned by the United States as acreage holdings. For example, if you own 100 percent of record title in a 100 acre lease, and the United States owns 50 percent of the mineral estate, you are charged with 50 acres.

authority: 30 U.S.C. 1001-1028; 43 U.S.C. 1701

source: 72 FR 24400, May 2, 2007, unless otherwise noted.

cite as: 43 CFR 3206.15