1. Regulations
  2. title 43
  3. chapter II
  4. part 3100
  5. subpart 3107
  6. § 3107.2-1

View all text of Subpart 3107 [§ 3107.1 - § 3107.9-2]

§ 3107.2-1 - Continuation by production.

A lease shall be extended so long as oil or gas is being produced in paying quantities.

AUTHORITY: 25 U.S.C. 396d and 2107; 30 U.S.C. 189, 306, 359 and 1751; 43 U.S.C. 1732(b), 1733, and 1740; and the Energy Policy Act of 2005 (Pub. L. 109-58).

SOURCE: 48 FR 33662, July 22, 1983, unless otherwise noted.

CITE AS: 43 CFR 3107.2-1