Code of Federal Regulations · Section
§ 3141.52 — Term Of Lease
43 C.F.R. § 3141.52
View:
(a) Oil and gas leases in special tar sand areas will have a primary term of 10 years and will remain in effect so long thereafter as oil or gas is produced in paying quantities.
(b) Tar Sand leases will have a primary term of 10 years and will remain in effect so long thereafter as tar sand is produced in paying quantities.
Authorizing Statute
-
Definitions42 U.S.C. § 15801
-
Congressional declaration of policy43 U.S.C. § 1701