30 C.F.R. § 560.223

Current through November 30, 2024

Section 560.223 - How do I measure natural gas production for a lease issued in a sale held after November 2000?

You must measure natural gas production subject to the royalty suspension volume for your lease as follows: 5.62 thousand cubic feet of natural gas, measured according to 30 CFR part 250, subpart L, equals one barrel of oil equivalent.

30 C.F.R. §560.223

76 FR 64623 , Oct. 18, 2011. Redesignated at 81 FR 18175 , Mar. 30, 2016