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30 CFR 1202.553

§ 1202.553 How do I value my production if I take more than my entitled share?

United States · 30 CFR — Mineral Resources · Status: effective

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30 CFR 1202.553, § 1202.553 How do I value my production if I take more than my entitled share?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/137642
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Full text

If you take more than your entitled share of production from a lease in an AFA for any month, you must determine the weighted-average value of all of the production that you take using the procedures in 30 CFR part 1206, and use that value for your entitled share of production.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.