30 CFR 250.1300
§ 250.1300 What is the purpose of this subpart?
United States · 30 CFR — Mineral Resources · Status: effective
Cite this
- Citation
- 30 CFR 250.1300, § 250.1300 What is the purpose of this subpart?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/134758
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Full text
This subpart explains how Outer Continental Shelf (OCS) leases are unitized. If you are an OCS lessee, use the regulations in this subpart for both competitive reservoir and unitization situations. The purpose of joint development and unitization is to:
(a) Conserve natural resources;
(b) Prevent waste; and/or
(c) Protect correlative rights, including Federal royalty interests.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.