30 CFR 203.67
§ 203.67 What economic criteria must I meet to get royalty relief on an authorized field or project?
United States · 30 CFR — Mineral Resources · Status: effective
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- Citation
- 30 CFR 203.67, § 203.67 What economic criteria must I meet to get royalty relief on an authorized field or project?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/134339
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Full text
We will not approve applications if we determine that royalty relief cannot make the field, development project, or expansion project economically viable. Your field or project must be uneconomic while you are paying royalties and must become economic with royalty relief.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.