Code of Federal Regulations · Section
§ 3137.130 — Under What Circumstances Will Blm Approve A Voluntary Termination Of The Unit?
43 C.F.R. § 3137.130
View:
BLM will approve the voluntary termination of the unit at any time—
(a) Before the unit operator discovers production sufficient to establish a participating area; and
(b) The unit operator submits to BLM certification that at least 75 percent of the operating rights owners in the unit agreement, on a surface acreage basis, agree to the termination.
Authorizing Statute
-
Enforcement authority43 U.S.C. § 1733
-
Transferred42 U.S.C. § 6508