Code of Federal Regulations · Section
§ 203.67 — What Economic Criteria Must I Meet To Get Royalty Relief On An Authorized Field Or Project?
30 C.F.R. § 203.67
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We will not approve applications if we determine that royalty relief cannot make the field, development project, or expansion project economically viable. Your field or project must be uneconomic while you are paying royalties and must become economic with royalty relief.
Authorizing Statute
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Definitions30 U.S.C. § 351
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Definitions30 U.S.C. § 1001
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Leases of unallotted lands for mining purposes; duration of leases25 U.S.C. § 396a
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Definitions43 U.S.C. § 1301
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Fees and charges for Government services and things of value31 U.S.C. § 9701
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Congressional statement of findings and purposes30 U.S.C. § 1701
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Leases of allotted lands for mining purposes25 U.S.C. § 396
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Definitions25 U.S.C. § 2101
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Definitions43 U.S.C. § 1331
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Congressional findings43 U.S.C. § 1801