30 CFR 1206.63
§ 1206.63 How do I determine royalty quantity and quality?
United States · 30 CFR — Mineral Resources · Status: effective
Cite this
- Citation
- 30 CFR 1206.63, § 1206.63 How do I determine royalty quantity and quality?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/137695
- Permanent ID
ys:prov:137695@1- SHA-256
518777974edf65ec7fdf35f310345e16141103f8c5f500e03e34fb4e55047cf7
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) You must calculate royalties based on the quantity and quality of oil as measured at the point of royalty settlement that BLM approves.
(b) If you determine the value of oil under § 1206.52, § 1206.53, or § 1206.54 based on a quantity and/or quality that is different from the quantity and/or quality at the point of royalty settlement that BLM approves for the lease, you must adjust that value for the differences in quantity and/or quality.
(c) You may not make any deductions from the royalty volume or royalty value for actual or theoretical losses incurred before the royalty settlement point unless BLM determines that any actual loss was unavoidable.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.