Code of Federal Regulations · Section

§ 1212.50 — Required Recordkeeping And Reports

30 C.F.R. § 1212.50

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All records pertaining to offshore and onshore Federal and Indian oil and gas leases shall be maintained by a lessee, operator, revenue payor, or other person for 6 years after the records are generated unless the recordholder is notified, in writing, that records must be maintained for a longer period. When an audit or investigation is underway, records shall be maintained until the recordholder is released by written notice of the obligation to maintain records.

30 C.F.R. § 1212.51

Authorizing Statute

Departmental regulations
5 U.S.C. § 301
Fees and charges for Government services and things of value
31 U.S.C. § 9701
Definitions
43 U.S.C. § 1301
Lands subject to disposition; persons entitled to benefits; reciprocal privileges; helium rights reserved
30 U.S.C. § 181
Leases of allotted lands for mining purposes
25 U.S.C. § 396