Code of Federal Regulations · Section
§ 250.1300 — What Is The Purpose Of This Subpart?
30 C.F.R. § 250.1300
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This subpart explains how Outer Continental Shelf (OCS) leases are unitized. If you are an OCS lessee, use the regulations in this subpart for both competitive reservoir and unitization situations. The purpose of joint development and unitization is to:
(a) Conserve natural resources;
(b) Prevent waste; and/or
(c) Protect correlative rights, including Federal royalty interests.
Authorizing Statute
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Fees and charges for Government services and things of value31 U.S.C. § 9701
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Secretarial authority30 U.S.C. § 1751
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Oil and hazardous substance liability33 U.S.C. § 1321
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Administration of leasing43 U.S.C. § 1334