Code of Federal Regulations · Section
§ 550.119 — Will Boem Approve Subsurface Gas Storage?
30 C.F.R. § 550.119
View:
The Regional Supervisor may authorize subsurface storage of gas on the OCS, on and off-lease, for later commercial benefit. The Regional Supervisor may authorize subsurface storage of gas on the OCS, off-lease, for later commercial benefit. To receive approval you must:
(a) Show that the subsurface storage of gas will not result in undue interference with operations under existing leases; and
(b) Sign a storage agreement that includes the required payment of a storage fee or rental.
Authorizing Statute
-
Administration of leasing43 U.S.C. § 1334
-
Fees and charges for Government services and things of value31 U.S.C. § 9701
-
Secretarial authority30 U.S.C. § 1751