30 C.F.R. § 1218.100
Royalty and rental payments
(a) Payment of royalties and rentals. As specified under the provisions of the lease, the lessee shall submit all rental payments when due and shall pay in value or deliver in production all royalties in the amounts of value or production determined by ONRR to be due.
(b) If the lessor elects to take royalty in oil or gas, unless otherwise agreed upon, such royalty shall be delivered on the leasehold, by the lessee to the order of and without cost to the lessor, as instructed by the Director.
(c) Method of payment. The payor shall tender all payments in accordance with § 1218.51.
Notes of Decisions
Cited in 1
case, 2019–2019 · leading case: Kodiak Oil & Gas (USA) Inc. v. Mary Seaworth, 932 F.3d 1125 (8th Cir. 2019).
Kodiak Oil & Gas (USA) Inc. v. Mary Seaworth, 932 F.3d 1125 (8th Cir. 2019). “; 30 C.F.R. §§ 1218.100 - 1218.105, 1219.103, and federal law provides for penalties for failure to pay royalties due under a lease, see 30 U.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.