1. Regulations
  2. title 30
  3. chapter V
  4. part 556
  5. subpart H
  6. § 556.800

View all text of Subpart H [§ 556.800 - § 556.810]

§ 556.800 - As an operating rights owner, may I assign all or part of my operating rights interest?

An operating rights owner may assign all or part of its operating rights interests, subject to BOEM approval. Each instrument that transfers an interest must describe, by officially designated aliquot parts and depth levels, the interest proposed to be transferred.

AUTHORITY: 30 U.S.C. 1701 note, 30 U.S.C. 1711, 31 U.S.C. 9701, 42 U.S.C. 6213, 43 U.S.C. 1331 note, 43 U.S.C. 1334, 43 U.S.C. 1801-1802.

SOURCE: 81 FR 18152, Mar. 30, 2016, unless otherwise noted.

CITE AS: 30 CFR 556.800