Code of Federal Regulations
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30 CFR Mineral Resources
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V Ocean Energy Management...
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B Offshore
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556 Leasing Of Sulphur Or...
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Subpart N —
Bonus or Royalty Credits for Exchange of Certain Leases Offshore Florida
§556.90 —
Which leases may I exchange for a bonus or royalty credit?
§556.91 —
How much bonus or royalty credit will BOEM grant in exchange for a lease?
§556.92 —
What must I do to obtain a bonus or royalty credit?
§556.93 —
How is the bonus or royalty credit allocated among multiple lease owners?
§556.94 —
How may I use the bonus or royalty credit?
§556.95 —
How do I transfer a bonus or royalty credit to another person?
§556.100 —
Statement of policy
§556.101 —
Purpose
§556.102 —
Authority
§556.103 —
Cross references
§556.104 —
Information collection and proprietary information
§556.105 —
Acronyms and definitions
§556.106 —
Service fees
§556.107 —
Corporate seal requirements
§556.200 —
What is the Five Year leasing program?
§556.201 —
Does BOEM consider multiple uses of the OCS?
§556.202 —
How does BOEM start the Five Year program preparation process?
§556.203 —
What does BOEM do before publishing a proposed Five Year program?
§556.204 —
How do governments and citizens comment on a proposed Five Year program?
§556.205 —
What does BOEM do before approving a proposed final Five Year program or a significant revision of a previously-approved Five Year program?
§556.300 —
What reports may BOEM and other Federal agencies prepare before a lease sale?
§556.301 —
What is a Call for Information and Nominations?
§556.302 —
What does BOEM do with the information from the Call?
§556.303 —
What does BOEM do if an area proposed for leasing is within three nautical miles of the seaward boundary of a coastal State?
§556.304 —
How is a proposed notice of sale prepared?
§556.305 —
How does BOEM coordinate and consult with States regarding a proposed notice of sale?
§556.306 —
What if a potentially oil- or gas-bearing area underlies both the OCS and lands subject to State jurisdiction?
§556.307 —
What does BOEM do with comments and recommendations received on the proposed notice of sale?
§556.308 —
How does BOEM conduct a lease sale?
§556.309 —
Does BOEM offer blocks in a sale that is not on the Five Year program schedule (called a Supplemental Sale)?
§556.400 —
When must I demonstrate that I am qualified to hold a lease on the OCS?
§556.401 —
What do I need to show to become qualified to hold a lease on the OCS and obtain a qualification number?
§556.402 —
How do I make the necessary showing to qualify and obtain a qualification number?
§556.403 —
Under what circumstances may I be disqualified from acquiring a lease or an interest in a lease on the OCS?
§556.404 —
What do the non-procurement debarment rules require that I do?
§556.405 —
When must I notify BOEM of mergers, name changes, or changes of business form?
§556.500 —
Once qualified, how do I submit a bid?
§556.501 —
What information do I need to submit with my bid?
§556.511 —
Are there restrictions on bidding with others and do those restrictions affect my ability to bid?
§556.512 —
What bids may be disqualified?
§556.513 —
When must I file a statement of production?
§556.514 —
How do I determine my production for purposes of the restricted joint bidders list?
§556.515 —
May a person be exempted from joint bidding restrictions?
§556.516 —
What does BOEM do with my bid?
§556.517 —
What may I do if my high bid is rejected?
§556.520 —
What happens if I am the successful high bidder and BOEM accepts my bid?
§556.521 —
When is my lease effective?
§556.522 —
What are the terms and conditions of the lease and when are they published?
§556.600 —
What is the primary term of my oil and gas lease?
§556.601 —
How may I maintain my oil and gas lease beyond the primary term?
§556.602 —
What is the primary term of my sulfur lease?
§556.603 —
How may I maintain my sulfur lease beyond the primary term?
§556.604 —
What are my rights and obligations as a record title owner?
§556.605 —
What are my rights and obligations as an operating rights owner?
§556.606 —
What must a lessee do if BOEM elects to extract helium from a lease?
§556.700 —
May I assign or sublease all or any part of the record title interest in my lease?
§556.701 —
How do I seek approval of an assignment of the record title interest in my lease, or a severance of operating rights from that record title interest?
§556.702 —
When will my assignment result in a segregated lease?
§556.703 —
What is the effect of the approval of the assignment of 100 percent of the record title in a particular aliquot(s) of my lease and of the resulting lease segregation?
§556.906 —
Termination of the period of liability and cancellation of a bond
§556.704 —
When would BOEM disapprove an assignment or sublease of an interest in my lease?
§556.705 —
How do I transfer the interest of a deceased natural person who was a lessee?
§556.706 —
What if I want to transfer record title interests in more than one lease at the same time, but to different parties?
§556.707 —
What if I want to transfer different types of lease interests (not only record title interests) in the same lease to different parties?
§556.708 —
What if I want to transfer my record title interests in more than one lease to the same party?
§556.709 —
What if I want to transfer my record title interest in one lease to multiple parties?
§556.710 —
What is the effect of an assignment of a lease on an assignor's liability under the lease?
§556.711 —
What is the effect of a record title holder's sublease of operating rights on the record title holder's liability?
§556.712 —
What is the effective date of a transfer?
§556.713 —
What is the effect of an assignment of a lease on an assignee's liability under the lease?
§556.714 —
As a restricted joint bidder, may I transfer an interest to another restricted joint bidder?
§556.715 —
Are there any interests I may transfer or record without BOEM approval?
§556.716 —
What must I do with respect to the designation of operator on a lease when a transfer of record title is submitted?
§556.800 —
As an operating rights owner, may I assign all or part of my operating rights interest?
§556.801 —
How do I seek approval of an assignment of my operating rights?
§556.802 —
When would BOEM disapprove the assignment of all or part of my operating rights interest?
§556.803 —
What if I want to assign operating rights interests in more than one lease at the same time, but to different parties?
§556.804 —
What if I want to assign my operating rights interest in a lease to multiple parties?
§556.805 —
What is the effect of an operating rights owner's assignment of operating rights on the assignor's liability?
§556.806 —
What is the effective date of an assignment of operating rights?
§556.807 —
What is the effect of an assignment of operating rights on an assignee's liability?
§556.808 —
As an operating rights owner, are there any interests I may assign without BOEM approval?
§556.810 —
What must I do with respect to the designation of operator on a lease when a transfer of operating rights ownership is submitted?
§556.900 —
Bond requirements for an oil and gas or sulfur lease
§556.901 —
Additional bonds
§556.902 —
General requirements for bonds
§556.903 —
Lapse of bond
§556.904 —
Lease-specific abandonment accounts
§556.905 —
Using a third-party guarantee instead of a bond
§556.907 —
Forfeiture of bonds and/or other securities
§556.1000 —
Leases formerly eligible for a bonus or royalty credit
§556.1100 —
How does a lease expire?
§556.1101 —
May I relinquish my lease or an aliquot part thereof?
§556.1102 —
Under what circumstances will BOEM cancel my lease?
§556.1200 —
Effect of regulations on lease
§556.1201 —
Section 6(a) leases and leases other than those for oil, gas, or sulfur
§556.1300 —
Environmental studies