Allow Lessees More Flexibility in Keeping Leases in Force Beyond Their Primary Term
offshore-energy · Bureau of Ocean Energy Management · Published 1996-10-30 · Effective 1996-11-29 · 61 FR 55885
Document
Document number
96-27783
Federal Register citation
61 FR 55885
CFR reference
30 CFR 250
Type
Rule
Action
Final rule.
Category
offshore-energy
Sub-agency
Bureau of Ocean Energy Management
Publication date
1996-10-30
Effective date
1996-11-29
Abstract
This final rule amends regulations that specify how Outer Continental Shelf (OCS) lessees can continue their leases beyond their primary term. Changes in industry exploration practices have increased the time necessary to collect and analyze data associated with operations. The changes increase from 90 to 180 days the time allowed between operations for a lease continued beyond its primary term.