Code of Federal Regulations · Section
§ 3504.22 — How Will I Know What The Royalty Rate Is On My Lease Production?
43 C.F.R. § 3504.22
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BLM determines the rate for each lease before we offer it. If BLM offered the lease competitively, the rates are in the notice of lease sale. If you applied for a noncompetitive lease, BLM will send you a royalty rate schedule for your concurrence and signature before we issue you the lease. BLM attaches royalty rates to, and makes them a part of, all leases.
Authorizing Statute
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Congressional declaration of policy43 U.S.C. § 1701