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Title 30: Mineral Resources
CHAPTER II: MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR
SUBCHAPTER A: MINERALS REVENUE MANAGEMENT
PART 203: RELIEF OR REDUCTION IN ROYALTY RATES
Subpart B: OCS Oil, Gas, and Sulfur General
: Royalty Relief for Pre-Act Deep Water Leases and for Development and Expansion Projects
203.72 - Can my lease receive more than one suspension volume
Yes. You may apply for royalty relief that involves more than one suspension volume under ? 203.62 in two circumstances.
(a) Each field that includes your lease may receive a separate royalty-suspension volume, if it meets the evaluation criteria of ? 203.67.
(b) An expansion project on your lease may receive a separate royalty-suspension volume, even if we have already granted a royalty-suspension volume to the field that encompasses the project. But the reserves associated with the project must not have been part of our original determination, and the project must meet the evaluation criteria of ? 203.67.
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