Royalty Relief-Ultra-Deep Gas Wells and Deep Gas Wells on Leases in the Gulf of Mexico; Extension of Royalty Relief Provisions to Leases Offshore of Alaska
offshore-energy · Bureau of Ocean Energy Management · AK · Published 2008-11-18 · Effective 2008-12-18 · 73 FR 69490
Document
Document number
E8-26410
Federal Register citation
73 FR 69490
CFR reference
30 CFR 203
Type
Rule
Action
Final rule.
Category
offshore-energy
Sub-agency
Bureau of Ocean Energy Management
State
AK
Publication date
2008-11-18
Effective date
2008-12-18
Interior docket
Docket ID MMS-OMM-2007-0071
Abstract
This final rule amends existing deep gas royalty relief regulations to reflect statutory changes enacted in the Energy Policy Act of 2005. It provides additional royalty relief for certain ultra- deep wells on Outer Continental Shelf leases in shallow water in the Gulf of Mexico. It extends both the existing and the additional deep gas royalty relief to Outer Continental Shelf leases in deeper water than before. Finally, this final rule applies discretionary royalty relief procedures that have been used by deepwater leases in the Gulf of Mexico to leases offshore of Alaska.