43 CFR 3120.73

§ 3120.73 Compensatory royalty agreements.

United States · 43 CFR — Public Lands: Interior · Status: effective

Cite this

Citation: 43 CFR 3120.73, § 3120.73 Compensatory royalty agreements, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/211887
Permanent ID: ys:prov:211887@1
SHA-256: c28e173c86e5247da52bf500f89e14fc0c287ab113abc9890c41c25297535a2a

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Full text

The terms and conditions of compensatory royalty agreements involving acquired lands in which the United States owns a future or fractional interest will be established on an individual case basis. Such agreements may be required when leasing is not possible in situations where the interest of the United States in the oil and gas deposit includes both a present and a future fractional interest in the same tract containing a producing well.

Legislative history

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