Code of Federal Regulations · Section
§ 203.34 — To Which Production May An Rsv Earned By Qualified Phase 2 And Phase 3 Ultra-deep Wells On My Lease Not Be Applied?
30 C.F.R. § 203.34
You may not apply an RSV earned under § 203.31:
(a) To production from completions less than 15,000 feet TVD SS, except in cases where the qualified well is re-perforated in the same reservoir previously perforated deeper than 15,000 feet TVD SS;
(b) To production from a deep well or ultra-deep well on any other lease, except as provided in paragraph (c) of § 203.33;
(c) To any liquid hydrocarbon (oil and condensate) volumes; or
(d) To production from a deep well or ultra-deep well that commenced drilling before:
(1) March 26, 2003, on a lease that is located entirely or partly in water less than 200 meters deep; or
(2) May 18, 2007, on a lease that is located entirely in water more than 200 meters deep.
Authorizing Statute
-
Definitions30 U.S.C. § 351
-
Definitions30 U.S.C. § 1001
-
Leases of unallotted lands for mining purposes; duration of leases25 U.S.C. § 396a
-
Definitions43 U.S.C. § 1301
-
Fees and charges for Government services and things of value31 U.S.C. § 9701
-
Congressional statement of findings and purposes30 U.S.C. § 1701
-
Leases of allotted lands for mining purposes25 U.S.C. § 396
-
Definitions25 U.S.C. § 2101
-
Definitions43 U.S.C. § 1331
-
Congressional findings43 U.S.C. § 1801