C.F.R. » Title 30 » CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR › SUBCHAPTER B—OFFSHORE › PART 550—OIL AND GAS AND SULFUR OPERATIONS IN THE OUTER CONTINENTAL SHELF › Subpart A—General

30 C.F.R. § 550.117

How does a determination of well producibility affect royalty status?

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A determination of well producibility invokes minimum royalty status on the lease as provided in 30 CFR 1202.53.