Eligible Leases

Royalty suspension volumes, as specified in section 304 of the Act, apply to eligible leases that meet the criteria in §560.113. For purposes of this section and §§560.113 through 560.117:

(a) Any volumes of production that are not normally royalty-bearing under the lease or the regulations (e.g., fuel gas) do not count against royalty suspension volumes; and

(b) Production includes volumes allocated to a lease under an approved unit agreement.